Read my last post to understand where I came from in this post Messy (Updated: 11:10)
Here is the same count on SPX, RUT, NDX, COMPQ, and INDU. It is not pretty on all, but it works on all. And hey, it is a messy volatile B Wave! What do you expect!
The thing to be very aware of is how unperfectly correlated they are before yesterday afternoon, and how well they are correlated since.
Seems like a Minor B to Minor C transition to me.
Updated 12:10 - Added TRAN to the INDU chart
Added a zoomed out chart so that the past Minor B can be seen relative to the other Minor waves. It is currently a little bit longer in duration, but provided less net retracement. It looks and feels like a flat and is providing a platform for one more push up
Update - 6:00. Adding RUT Count for Gumbo
