Monday, June 9, 2014

S&P 500 ~ Elliott Wave Count ~ 9 June 2014

The SPX is already above 1950:

I think we have seen most of wave [iii]. We may very well add another 2 or 3 % but I wouldn't be surprised if wave [iii] comes to an end this week. After that, we should see a small correction (wave [iv]) followed by another rally, probably to 2000.

Author: Patrick Eugster