Bullish Count
Within the Elliott Wave ending diagonal!
The chart I call Broken Arrow this is what I see could happen.
It's been one messy chop - almost impossible to count.
But from the dark emerge this bullish possibility!
The SP has made a wave 4 bottom at 2070 as a double zig-zag and now carving out the last 5th wave.
Why... I can't count latest down move as a 5 wave down.. it "looks" corrective...and it is - in my opinion.
Important notations on the chart
Trade what you see
Follow me on twitter - I do more intraday updates there!
@BLawrenceM
Music at work:
www.youtube.com/watch?v=8b4uuKtH...
Within the Elliott Wave ending diagonal!
The chart I call Broken Arrow this is what I see could happen.
It's been one messy chop - almost impossible to count.
But from the dark emerge this bullish possibility!
The SP has made a wave 4 bottom at 2070 as a double zig-zag and now carving out the last 5th wave.
Why... I can't count latest down move as a 5 wave down.. it "looks" corrective...and it is - in my opinion.
Important notations on the chart
Trade what you see
Follow me on twitter - I do more intraday updates there!
@BLawrenceM
Music at work:
www.youtube.com/watch?v=8b4uuKtH...
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