SPX Long Term Elliott Wave Analysis

٢٧ أكتوبر ٢٠١٩

Much like the DOW, I believe that we have one more push higher to 3200 before any significant downside movement. I count the SPX in cycle wave 5; however, we are currently situated in a primary wave 4 correction before moving higher. I expect some sideways price action to continue into the new year before we ultimately resolve to the upside.