a break above 2040-2050 will confirm this count
Scenario 2 (50%) - slightly Bearish count, looking for a new downtrend low before the continuation of P5
if SPX encounters strong resistance near 2040-2050 and corrects, this could be the count
Friday, October 9, 2015
SPX (S&P500) Elliot Wave Count 10-9-2015
a break above 2040-2050 will confirm this count
Scenario 2 (50%) - slightly Bearish count, looking for a new downtrend low before the continuation of P5
if SPX encounters strong resistance near 2040-2050 and corrects, this could be the count
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