Elliott Wave Live: $SPX: Update Proposed Count

Friday, October 12, 2012

$SPX: Update Proposed Count

The following charts are an update to my initial count make at : http://bit.ly/OTVgK6

Under this interpretation, a print above 1433.59 before reaching downside objectives would negate the wave labeling, however, downside pressure remains so long as 1433.90 is maintained.

Let's see what happens.

Best of Trading

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1 comment:

MikeOctober 12, 2012 at 12:50 PM
BTW 1414.74 is the RF 1.382 of w.(b).I'm comfortable with maintaining a flat correction interpretation even if count proves incorrect
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Friday, October 12, 2012

$SPX: Update Proposed Count

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