E-Wave for the S&P 500 Index

[jxyzobrien]

richard wyckoff keep it simple
if a market is rising do not try to understand it or fight it
go with it till the trend changes

The market rallies forms a base to rally from then rallies again

The amount of market analysts that continue to fight the market is amazing
Especially elliot wave analysts

After the end of the QE. Shane Smoleny said the the market surprises will now be white swans.
So many used old sayings and old analysis which no longer work well at all
Sell in may and go away was completely wrong
We are in a bull market. Accept that and trade accordingly

wyckoff quote of day
“Reading all the financial news and evaluating it will avail you nothing. The market may rise on bad news and go down on good news. Then where are you?”