1/6 - SPX : The Bullishness Continues Updated

This is starting to look like a possible final minute [v] Ending Diagonal. Minute [v] doesn't have to touch the upper EW Channel line. It can also complete near the mid-line, which is also a typical target.

This may work as well since it would make minute [v] .618x minute [i] another typical Fib relationship.

We'll see!

1/5 - SPX : The Bullishness Continues

Here's one way to count this to avoid the 4-1 overlap. The final minute [v] for C of (Z) could end at 1144. With this target, minute [v] would equal minute [i] and complete at the top of the Elliott Wave channel.

GL!

1/5 - E-Mini and DOW : The Bullish Counts Revisited

Previous E-Mini

Current

Previous DOW

Current

Remember these counts? I show the Minis either in it's final 5 wave structure up to complete wave 5 (highlighted by black-dotted line) or the alternative is that subwave 'a' of 5 is in the works/near completion. If the alternate is in play, then subwaves 'b' and 'c' should be next on tap (highlighted by the red-dotted line).

As for the DOW, I would say the same situation applies. The only issue here is that of wave 3 being shorter than wave 1, which is an EW rule violation and a "no-no". However, given that the Mini does not show this, I will assume (for now) that this does apply since it is wedging.

1/1/10 - E-Mini Update

Alternative Count

Here's an updated from this previous post.

One must continue to keep an eye on that lower trendline. A break below it will be bearish. However, there is still room for the alternate count as presented on the third chart.

HAPPY NEW YEAR!