SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on August 21, 2017
4:15 pm EST: SPX hit a slightly low at 2417 today, setting up a potential bottom for the alternate (blue) wave count for major [4]-P5-C1. The primary (red) count looks like minute (3) of minor 3 of major [1]-PA-C2 ended at 2417 and there is minute (4) bounce underway that should top out around 2440.
SP-500 15-min chart:
SP-500 60-min chart:
SP-500 4-hr chart:
This entry was posted on August 21, 2017 at 4:17 pm and is filed under Premium, SP-500. Tagged: Elliott Wave Technical Analysis, SP-500 Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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