Bullish Count Within the Elliott Wave ending diagonal! The chart I call Broken Arrow this is what I see could happen.
It's been one messy chop - almost impossible to count.
But from the dark emerge this bullish possibility! The SP has made a wave 4 bottom at 2070 as a double zig-zag and now carving out the last 5th wave. Why... I can't count latest down move as a 5 wave down.. it "looks" corrective...and it is - in my opinion.
Important notations on the chart
Trade what you see Follow me on twitter - I do more intraday updates there! BLawrenceM
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.