Thursday, June 14, 2012

S&P 500 ~ Elliott Wave Count ~ 14 June 2012

1326ish was finally breached late in the day, thus the bullish count is now much more likely than the bearish one:

The next resistance is around 1335 which is also the neckline of an inverse H&S. If 1335ish is breached, the next target is 1360-65.