Today the SPX blasted up to round number resistance at 2400.
In the revised wave count Minuette wave (I) = 44 points added to the Minuette wave (IV) bottom of 2359.00 equals 2403.00 the high on 3/1/17 was 2401.
Minor wave "3" could be complete at 3/1/17 high of 2401. If not, there could be one more small rally early on 3/2/17 to complete the pattern.
The supposed Minor wave "4" down could last about 3 to 4 weeks and decline about 4-5%
Mark
In the revised wave count Minuette wave (I) = 44 points added to the Minuette wave (IV) bottom of 2359.00 equals 2403.00 the high on 3/1/17 was 2401.
Minor wave "3" could be complete at 3/1/17 high of 2401. If not, there could be one more small rally early on 3/2/17 to complete the pattern.
The supposed Minor wave "4" down could last about 3 to 4 weeks and decline about 4-5%
Mark