Two Different Scenarios
By Bennett Tindle April 23, 2020
Join me as we dive into and discuss the two very different yet valid Elliott Wave interpretations present in the S&P 500 today. Was the March 23rd low in fact the end of an overall 3-3-5 correction originating off the September 2018 high? Or more likely is this post Feb-March decline rally into the 61.8% retracement the makings of a corrective leg, implying a likely move down into 1800 – 2000 S&P 500 support?