Elliott Wave Stock Market Update - February 17th
2 weeks ago
Two alternative counts using the cash. Maybe SPX is in sub iv of this wave i of iii of V.
With this bounce SPX is in wave ii of iii of V. Possible final target is between 84x-85x points, 50 and 62 % of Fibonacci retracement.
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The mini wave v is being extended and i don't think that already finished.
Possibly the sub wave i of wave iii of principal wave v was completed on the minimum of Friday's session. I sustain that due the large interception waves, during the development of the mini wave v of sub wave i. However, i leave a possible count in case this mini wave v is extensive.
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