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S&P 500 Index

SPX the bigger picture

By Schnauzel
Updated
The best part of the upside is behind us. The second wave is almost done, 3 or 4 days left. It should provide ample entry opportunities to setup for the 3rd wave down which should test the secular bull trendline.
Note
snapshot
Note
The C wave of the second wave has now completed 1-2-3. We are in the 4th wave.
Since the second wave has been rather simple we should expect a complex 4th, wich should gyrate in the 2151 -2182 area

snapshot
Elliott WaveSPX (S&P 500 Index)
Schnauzel

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