SPX's Elliott wave, possible change of count. Gaps behavior

20 Şub 2021

Usually we get Gaps in a 3ed Elliott wave or in "C" wave which show the strength of that wave

In our case , since March low we are getting more gaps in wave 5 than waves 1+2+3+4 !!!! not

good indicator that we have the right count !!! it is very possible that March's low is basically

still corrective and this is wave "B" and we re in wave "C" of it. Therefore, it is very probable

that our wave 5 is acutely a wave c of B. Then we will correct in wave C and break March's

low. Or i could be wrong ; -).

wish you all the best.

8 Mar 2021

Emir iptal

wave B violated Elliott wave by extending 1.39 fibs of wave A. Therefore,

gaps here has no meaning except that we are still in wave 3 sounds

not reasonable yes, but probable yes. Either way, this is not a wav B.