Re: RED ALERT sp500

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Re: RED ALERT sp500

In Response To: RED ALERT sp500 ()

opps correction...

i should have type wave 3 can not be the smallest wave in elliot wave counting..... so if 5 goes higher 3 would be the smallest wave.. since 1 was really big...

and a different way to count up the waves would be needed...

so 3 can be smaller than 5 as long as its bigger than wave 1 which is not the case here..

critical point is still holding .. 1438.75

on the shorter term picture tho... 1068 to 1438.75 does have a nice 5 up pattern regardless... correction is near or possible BIG TOP...

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