Okay, ready for the shock of the century ... binve is calling the top of Wave A !!! .... again ! .... (for the 10th time) .... .... sigh.
Actually I am only going to list this as a possible count. There could be more development in Wave 5. But Right now Minute Wave 5 =~ Wave 1 (orange on my charts). And based on the massively extended 3rd and all of the head (and heart) aching Wave 4 consolidations, it seems to have a nice symmetry now.
Additionally, one of my counting philosophies is to have the same count for SPX, INDU, NDX, COMPQ, and RUT. My logic goes like this: These indices are cross-sections of the US economy. They all contain Health Care, Financials, Consumer Services, Energy, Tech, etc. So (IMO) the *best* count is the one that works for all of them. Sometimes you are not able to make them count the same. But usually you can (e.g. If you have a valid 1-2-3-4 on the SPX, but 4 goes into 1 on the COMPQ, the "better" count will usually end up being a 1-2, 1-2 for both indices).
The count shown below works on all 5 indices.
Anyways, here is my count.
From E-T: Weekend Post – March 10, 2018
-
There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago