chessnut
Short

SPX500 EW Analysis - Flat correction in good form.

FX:SPX500   S&P 500 index of US listed shares
90 4 10
This could be a primary wave correction which makes it exciting at this time of year.
agreed
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your orange one makes no sense..its not a 5 wave impulsive count, its a 3wave count. better to put A or W instaed of 1
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chessnut rick.alter.35
thats a primary wave down not up. wave C in an impulse. a flat is a 3-3-5 form
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chessnut rick.alter.35
ok see what you mean but with the larger counts at an end better to count it as a primary, not to worry about the smaller scales.
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