SPX

The primary count remains that the index is retracing for yet a second extension. Keep in mind this is how Elliott cautions us to count as we do not want to miss an explosive move. The guideline is for price to slightly screed the previous fourth wave which isn’t far off. Keep in mind, this is only a guideline and not a requirement either way. S&P 500 Primary Micro Count … [Read more...] about S&P 500 Wave 3 Still in Progress