I was revising my SPX count based on my XLF Count XLF: That'll Do Correction, That'll Do
AussieKen is thinking along very similar lines http://marketthoughtsandanalysis.blogspot.com/2010/02/xlf-thatll-do-correction-thatll-do.html#comment-36015679
I don't love it because my triple zigzag for Y feels kind of like a cop-out. But it is a valid count. If we don't break down *hard* tomorrow morning, then consider this count invalid (I would).
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