tomj2417

SP 400 - different counts for US Mid caps

Long
tomj2417 Updated   
SP:MID   S&P 400 Index
It's all so clear leading up to the January 2018 high but that correction (as ever with EWT) doesn't half spread some confusion (for me anyway). Did the correction finish at the 38.2 fib in February or did it finish in March with a truncated 5th for a C wave in a zigzag. Or has the B wave of a protracted wave 4 just completed these last few weeks? I have no idea but have included all 3 possibilities into this chart. The is so much negativity and crash talk at the moment for stocks that I would be inclined to be bullish but that's just me.
Comment:
Red count?
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