Thursday, November 21, 2013

S&P 500 ~ Elliott Wave Count ~ 21 November 2013

It looks like wave (v) is now underway. This subwave should complete wave (3) which will be followed by a correction (wave (4)).

(link to previous count)
If the SPX declines below 1770, I'll turn bearish since wave (4) should then be unfolding.

I'll post the long-term charts tomorrow morning.

Author: Patrick Eugster