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SPX's Elliott, 1 hour invalidation in progress.

101 Elliott wave :

• If wave C = 161.8% of wave A, wave C can be a wave 3 of a 5 waves impulse. Thus, one way to label between ABC and impulse is whether the third swing has extension or not

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Incoming wave 5

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Wave 4 Invalidated the whole thing. Two Fridays in a row they do it. We are not
in a ZigZag, and we are not in a 5 waves down !!! . Hope you are digging this guys.

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They tanked it after the invalidation what's up "Market Makers" . Just 8 points and we call it for the day.

wish you all the best.

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

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