$SPX - Chart Link - this is the wave count
I've been discussing, the one in black the bullish view where wave
4 low was put in mid Aug as a simple ABC and major wave 2 of 5 put
in at the 2478 low, and this is major wave 5 currently with sub
waves i, ii, and current in wave iii of 5
also discussed the gaps - gaps love to be filled, the open gap
from last week was clearly filled on the gap up this morning
Posted by sschulman on 11th of Sep 2017 at 12:05 pm
But it looks like every indicator on that chart has negative
divergence. Can market continue up to that Elliott wave 3 target in
spite of all those divergences?
I dunno ANYthing!
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SPX 120 min wave count comments
Posted by matt on 11th of Sep 2017 at 11:59 am
$SPX - Chart Link - this is the wave count I've been discussing, the one in black the bullish view where wave 4 low was put in mid Aug as a simple ABC and major wave 2 of 5 put in at the 2478 low, and this is major wave 5 currently with sub waves i, ii, and current in wave iii of 5
also discussed the gaps - gaps love to be filled, the open gap from last week was clearly filled on the gap up this morning
But it looks like every
Posted by sschulman on 11th of Sep 2017 at 12:05 pm
But it looks like every indicator on that chart has negative divergence. Can market continue up to that Elliott wave 3 target in spite of all those divergences?
I dunno ANYthing!