I am still building on my preferred count from this post Market Update - Equities and US Dollar - Aug 17 and this post Some More Wave A Thoughts - Aug 13.
I think the correction since yesterday is best described by a double-three. This double-three (IMO) will form Minute (orange) B.
I am not a fan of the count options where 1018 on SPX is identified as a top and the action so far is a 1-2-3-4 or a 1-2,1-2. It is quite possible of course. But the down volume just seems too light for an impulse of that magnitude. The action seems overall more corrective than impulsive. Just my take.
Here are my count updates:
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago