Elliott Wave Count…Buckle Up
The stock market closed out one of it’s best months in a long time with the S&P 500 (SPX) up 8.3%. Bulls are licking their chops. But after the very violent move down August and again in late September, a strong snap-back rally fits the Elliott Wave count perfectly.
There are several dynamics at work right now and I talk about all these in today’s Weekend Market Analysis video. In addition to the daily charts we look at the weekly and monthly charts today. According to my Elliott Wave count, it is time to fasten your seat belts. Continue reading