SPX's Elliott wave, Alternative count if you are "Bearish"
190
If this to be correct, it will probably cancel any thoughts of a B wave since march's low.
Note
This is the only strong argument for a bearish scenario going forward, all others
are either not complete, not clear or suggesting a bit higher numbers which we
still could get. with Elliott never say "NO". We need to break a major support on
the chart to suggest an active down side scenario
Note
Against all odds, this count still has more probabilities & breaking January 29, 2021
would give this count more favorable chances of being the right one. Still do not see
any catalyst for breaking last low, but in financial markets never say no.
Note
This is the only hope for the "Bearish Case", no catalyst + M2 is getting fatter don't see it happing soon w/o something that will shake up the markets.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.