ElliottWaveStats

#S&P500 Index#60% Bottom Chance-UPDATE

SP:SPX   S&P 500 Index
#S&P500 Index# Alt.Count.#60% Bottom Chance-broke out the #Ending Diagonal´s resistance line. This changed the count itself. Despite prices are facing a moderate 67% Top Probability Box, in 4,545/4,600 (#wave iii_ of (iii) of 3), the coherency of the EW model suggests just a little correction here, to draw #wave iv_ of (iii) of 3,which should not overlap the #wave ii_ of (iii) of 3.In other words, it shouldn´t break down 4,480.00 line. From there #4,700/4,750.00 is now more likely to be reached in a #wave (v) of 3.

Let´s see what happens.

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