Elliott Wave 5.0 "Reboot"

Thursday, March 17, 2016

Mini SP500 Intraday Bull Market Review: How Many More Sleeps Before It Crashes?

Well, I can't tell you how many more trading days this can drag on without another correction, but a vertical spike is forming on many items. Even gold stocks spiked today again.  

We had another beautiful  run to a new high which can easily be a diagonal move so if that is the case a sharp correction could take place soon.  This would put us at another potential wave three top

The VIX has crashed down to $14 and the HDGE is starting to go sideways so something could be up by next week at the latest.