2/26/19 - AM Update

Adjusted the Ending Diagonal count. So far looks much better with a fifth wave throw-over. We'll see. Beginning confirmation would occur on the break down of the lower trendline.

60 Min

2/20/19 - 60 Min

Looks like a decent five wave count nearing completion with a potential ending diagonal near an appropriate round number of 2800?

60 Min

2/10/19 - Weekend Update

Looks like either wave a of 4 or iv is in or 4 or iv is in. Will keep an eye on the bounce off the 12/24 low. Primary view is a wave b bounce currently in the works. Alternate view is wave v or 5 higher is underway.

So far I count five waves up off the Christmas Eve low. (See 60 min chart below).

SPX - Daily

60 Min

10/24/18 - EOD Update

Been a while. "Life" has gotten in the way and honestly the market over the last several months since my last post was just churning in a wave iv.

I think after breaking out in July this year, it finally looks like wave 3 may have completed. What the market may be doing at the moment is forming wave 4. What form will wave 4 take, i.e. flat, triangle, combo corrective? We shall see.

2520 would be a 38% retracement of wave 3 and bring wave 4 down near the lower levels of wave iv's previous triangle. We'll see if the market is shooting for this level.

SPX - Daily