Tuesday, March 4, 2014

S&P 500 ~ Elliott Wave Count ~ 4 March 2014

I haven't posted any short-term counts lately because there were just too many options. Last Wednesday I posted two possibilities in the comment section. Today, one of them looks really good:

I think that the SPX is now in wave 3 of (5). Wave 3 should target at least 1950ish. I'm still a bit skeptical about it though because there are many resistances between 1880 and 1900.

Author: Patrick Eugster