Bullish scenario on the SPX. Most Elliott Wave analysts tend to forget about the five wave corrective structure WXYXZ but I think we may have that one at hand right now with a potential low in place.
Always reassuring when a chart follows the path you set out for it ;) Let's get past the weekend and goooo. (Please?)
In tandem with crypto, RUT may be over its mega sideways move shortly. Estimating another week, same as BTC . These guys...
Same as BTC, one more flash crash then lambo ;) Both traditional TA and EW points to the same conclusion. RSI oversold on the local low, needs to be taken out. Hoping to see C leg truncated which will (would) be a bull sign.
Both traditional TA and Elliott Wave outlines the same outcome to me - one more flash crash before moon ;)
Small caps have had a rough time in the last few months. See if RUT is showing us a bright near future?