SPX Elliott analysis (longer term)

Updated

Yellow is the main count but always aware of the Cyan Alternative. Basically the chart says it all, I'm just filling in space here so that it is published.

Note

Note

Keep in mind the so called "Santa" or " Christmas rally" is not a scheduled event, Going back 10 years the average increase in the SPX between December 20-30, is 1% .... many years were lower or negative

Note

At this point Elliott counters might be advised to waits to see an allow the market provide more information before committing large amounts of capital. In the meantime I have settled on the chart above to best organize my trading plan around. The one thing that's guaranteed is change " be like water "

wolffarchitecture

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