SPX Elliott Waves (SP500)

[gdl]

Breaking news. Trump meets with Iran. market will view this as reason to zoom higher. zoom zoom. The overnight action should give us a clue. we should open tomorrow higher. if not more downside. Also there will be a big breakdown with China within next 2 weeks resulting in full blown trade war.

BUT first the silly notion that Iran will give trump everything he wants and they in return will get a lifting of sanctions. What happens every single time in these negotiations is that hope and dreams turns into a nightmare.

Mueller, FED cu,t and this? What a setup.