[Chart] Updated S&P 500 Chart Elliott Wave Count – 5th wave down or W2

Feb03spx

3 thoughts on “[Chart] Updated S&P 500 Chart Elliott Wave Count – 5th wave down or W2

  1. Come on – bullish either way? Looking like this is a big bear now and its gonna go straight down to like 1200/1300?

    1. I don’t know why he is so obsessed with 5th wave truncations. The 5th wave could easily break the 1812 previous low, like a normal 5th wave would. It doesn’t have to truncate, but he always likes to act like the 5th wave never exceeds the wave 3 low.

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