Tuesday, June 5, 2012

S&P 500 ~ Elliott Wave Count ~ 5 June 2012

If the SPX declines below 1277.5 wave (v) is most likely underway:

Edit: If the SPX rallies above 1300 on the other hand, then 1267 was most likely the low of wave (v) of [v]. I. e. a correction up to 1340 should follow.