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TFC Commodity Trading Forum

RED ALERT sp500

did you see this

666.75 to 1216.75 = 551 points wave 1

pull back to 1002.75

rally to 1373.50 = 370.75 points wave 3

pull back 1068.00

rally to 1438.75 friday eh.. = 370.75 points... wave 5

5 up and 5 in 5 total move up 772 points

mkt should not take out the high... 1438.75 is critcal point... in elliot wave counting wave 3 can not be smaller than 5 according to r n elliot..

could always check the other indexs as well and the cash mkts too..