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S&P 500 Elliott Wave Count 16 May 2018

S&P 500 Elliott Wave Count 16 May 2018

S&P 500 Elliott Wave Count 16 May 2018

Our Intraday S&P 500 Elliott Wave count was spot on, that is, the Wave (v) is completed and the turn lower is now underway.

The Elliott Wave Count
In a higher degree such as the Minute degree there can be different Elliott wave counts such as larger Triangle Pattern.
In a nutshell we need to work through bullish and bearish scenarios and while this is not a problem it requires time to gather more information before calling in the larger direction. We know the SPX Elliott Wave direction on the intraday level and that is covered in detail in this video.

Elliott Wave Education: Structures
Elliott degrees  in order;  Grand Super cycle wave ,  Super cycle wave ,  Cycle wave , Primary wave,  Intermediate wave ,  Minor wave ,  Minute wave ,  Minuette wave and  Subminuette wave.


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INDICES: US

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Indices CFD Trading, Stocks, USA Stock CFD Trading

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