Since my last post, I left the possibility open that the pull back on 2/5/21 may have been a wave iv for wave 1. Looks like that was the case and with the updated chart below, I have wave 1 and 2 complete with 3 in progress now.
SPX - Daily |
Stock Market Analysis With The Elliott Wave Principle -Dow Jones, S&P 500, Russell 2000, Nasdaq and FX. All charts and commentary on this site are strictly the opinions of the author(s) and are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing. See disclaimer at the bottom of the page.
Since my last post, I left the possibility open that the pull back on 2/5/21 may have been a wave iv for wave 1. Looks like that was the case and with the updated chart below, I have wave 1 and 2 complete with 3 in progress now.
SPX - Daily |