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SPX SP500 Elliott Wave Analysis News, 2 June 2017

SPX SP500 Elliott Wave Analysis News, 2 June 2017

The SPX or, better known as the SP500 is approaching what is called in Elliott Wave analysis as Intermediate Wave (3) – the correct way in labelling the structures in small degrees would be like this Wave iii of (v) of v) of 5 of (3). What does this actually mean? That there are two small sub-waves to compete the structure, that is, Wave iv and v.

We should see this top in line with the Nasdaq next week.

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