Elliott Wave 5.0 "Reboot"

Monday, April 11, 2016

E-Mini SP500 April, 11, 2016 Intraday Review

There are still too many possibilities at this time and this wave count is completely different from the DJIA, which will have a very short life span once the SP500 breaks the 2020 price level.  There is no room to wiggle around on this, but the diagonal triangle has to be eliminated. 

Hopefully we will know when we get closer to the end of the week as Monday or early in the week wave counts usually never last very long.