This is an update to the long term SPX wave count I posted three months ago.
Within a standard Elliott five wave pattern there is usually a Fibonacci relationship between waves "one" and "five" in price and or time.
There is no price Fibonacci relationship between SPX wave (1) and wave (5)
There is an amazing time relationship in that as of 12/13/16 wave (5) is exactly the same time for wave (1). Incredible! Also 12/13/16 was a Full moon.
This is powerful evidence that an important SPX top may have been made on 12/13/16.
Mark
Within a standard Elliott five wave pattern there is usually a Fibonacci relationship between waves "one" and "five" in price and or time.
There is no price Fibonacci relationship between SPX wave (1) and wave (5)
There is an amazing time relationship in that as of 12/13/16 wave (5) is exactly the same time for wave (1). Incredible! Also 12/13/16 was a Full moon.
This is powerful evidence that an important SPX top may have been made on 12/13/16.
Mark