I would love for it to be the case, but I honestly don't think so. Not yet.
The SPX count is most frustrating. It can support an impulse count or a double corrective. And it is not giving a clean signal for either.
But...
If you look at the Nasdaq, which is giving a much cleaner waveform and use that to help inform the SPX count, then I think we have a winner. I think it is an impulse count and today was a Minuette 4 pullback.
[addition 10:30]
And as Jem and Diablos have pointed out, at 1158 then A = C. Which would be a very nice Fibonacci balance for this wave
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