MCM_Creative_Technologies

Revisiting The Long Term Elliottwave Count

FX:SPX500   S&P 500 Index
It has been a while since we visited the longer term structure, and per the suggestion from Mr. West on yesterday's Market Structure Projections update it seemed as good a time as any to revisit it. We're viewing the current decline that started in May as an ongoing correction as grey 4 being the primary and white 4 as being the larger alternate. The market has been choppy and virtually range bound for most all of 2015 so that is why there has been more of a focus on the short term because the longer term outlooks have not had any material change in them for quite some time. A little later this morning we'll post the IT and ST             counts and also today's key timing and Market Structure Projections.

If you have any questions about our analysis or any of our analysis systems, contact me any time at john@mcm-ct.com
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