SPX's daily Elliott wave count, just another pointe of view.

This is supposed to be the most simple & textbook count out there. Just straight Elliott count. No one can
argue this count what so ever so far today :-)

wish you all the best.

Comment:

Guys this is my favorite Elliott wave count. 3978-4003, is my target area for this 1st Elliott wave of a new grand cycle.

Comment:

Hey Guys,

This is my favorite count update . If this count hold and we correct, then we

should go down for wave 2 reaching .61% -50% Fibs of wave one roughly would be

in the range of 2800sh -3041. Bear in mind Elliott by it self is a dangerous too as

it can change/adapted to the situation by getting endless extension and

elliottions will always find a back door to exit or correct their counts in endless

alternatives ;-)

wish u the best.