S&P500 ~ the double zig-zag is still hanging on as a possibility....but, just barely...


The gap up open on Monday changed the immediate bearish count for the start of wave 3 down. Now we have several alternates that are all possibilities with the first chart showing that the "double zig-zag" can still be forming.

The second chart is another alternate for the wave 2 scenario if the market still needs more time.

Both charts are explained in a video today on our YouTube channel...

https://tinyurl.com/Pro-Elliott-Waver



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