Sunday, 3 March 2019

S&P 500 Index (Updated)

Update 7th March
One reason that I prefer this count to one where 3 is 5 is because often seen is that a high point occurs on the RSI just before the mid-point of the 3rd wave. With 4 = 2 it is probably near to completed. Also, the hourly futures chart is showing a positive divergence.



Previous - 3rd March

This view sees the wave 3 fractals with a seemingly disordered price pattern that is nonetheless quite viable and looking increasingly probable.



Conventional convention...


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