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Monday, March 1, 2021

Elliott Wave Update ~ 1 March 2021

UPDATE:

Pathetic and scary. Yup, this guy won 80 million legal votes!

Joe Biden: "What Am I Doing Here?" - Bing video

ORIGINAL POST

Another crazy day. Extreme to the upside this time. I had anticipated this potential big bounce by posting this 5 minute chart on Friday:

And hence the above chart now looks like this:

But I'll be honest, I was going to do a weekend post and extrapolate on the above chart's potential pattern. 

The chart below is the chart I made on Saturday complete with trendlines and counts ( I added notes today)….and then today when I was going through my charts I discovered the pattern had played out exactly...

However, today was a very good upside day for the NYSE. Do we have another high coming in the NYSE? 
If that's the case, then today "may" have been the "kickoff day" for wave [v] of C or [v] of 5 - whichever you prefer.
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