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WaveAlchemy
Oct 3, 2016 6:26 PM

S&P MINOR ALTERNATE 2 Short

S&P 500 IndexTVC

Description

This count was calculated to be the most appropriate redemptive count on the occasion that ~S&P minor alternate 1~ reaches its invalidation point.

This wave count states that 1) Minor w completed on 26 AUG as a zigzag 3-3-5 and 2) Minor x completed on 7 SEPT as a regular flat and finally 3) Minor y of intermediate 2 is underway as a zigzag 3-3-5.
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