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Tuesday, July 22, 2014

Elliott Wave Update ~ 22 July 2014

SPX weekly shows the primary count: Extended 5th of Internediate (C) of [Y]. Again, note the start of extended wave 5: 1560 SPX. After wave 5 completes, this is the downside target for a starting bear wave. Confidence is high for this count.
Wilshire shows nice form. Same count .
SPX hourly shows the best count for Minute [v] of 5:
And Wilshire shows potential Minuette (iv) still playing out.

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