M2Capital

SPX Elliott Wave

SP:SPX   S&P 500 Index
Update on SPX after a little bit of a break. I think we are headed up to 3300-3500 in SPX in the final impulse wave of the bull market. Expecting one last push up to complete minor 1 with a pullback in intermediate 2 to follow before we rocket in a wave 3. This count shows good equality to the terminal cycle 5 compared to cycle 1. The bullish interpretation is the best scenario at the moment - no clear reversal signals fro the highs. DJI and NDX trading much the same patterns.
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