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 June 11, 2020
9:40 am EST: The larger than expected pull-back from 3233 indicates that the alternate (blue) count minor 4 wave is likely underway. Looking for minor 4 of major [1] wave to end between the typical Fibs of 23%/38% at 3125 to 3056. Another typical target is the wave 4 of previous degree, which is wave (4)-minor 3 at 3090.
SP-500 60-min chart:
SP-500 4-hr chart:
This entry was posted on June 11, 2020 at 9:40 am 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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