The correction on Friday was most likely too short to qualify for a wave [iv]. Thus, wave [iii] is most likely still underway. Most of the rally should already be over though.
Monday, March 11, 2013
SPX ~ Elliott Wave Count ~ 11 March 2013
The rally continued today. The SPX hit 1556 which is only 20 handles below the all-time high.
The correction on Friday was most likely too short to qualify for a wave [iv]. Thus, wave [iii] is most likely still underway. Most of the rally should already be over though.
The correction on Friday was most likely too short to qualify for a wave [iv]. Thus, wave [iii] is most likely still underway. Most of the rally should already be over though.
