imo the elliott top in the sp was at 2062.54 on dec 31
we traded down into a low on jan 20 at 1812 taking about 13 trading days
we retraced a little more than 50% of the drop into feb 1 taking about 8 trading days for a total of 21 trading days
im thinking we have done minor waves i thru possibly iv and possibly are in minor wave v down to complete wave 1 down
projected targets are anywhere from 1680 to 1720 fwiw
34 trading days would be feb 19
55 trading days is mar 21 the equinox hmm now aint dat peculiar ha ha
the direction its going in into mar 21 is to me key because you would think you would see a reversal of trend there but
i am keeping an open mind it might be an acceleration of trend for all we know.
good trading
