S&P 500 Elliott Wave Analysis Update

15 Feb 2019

Since the last update, Minor wave 2 has completed, reaching the Fibonacci 0.50 retracement of Minor wave 1 . I had written that the bullish signal would have been at the breakout of the top of Minuette wave 1, which happened, so we just have to follow the operation with a trailing stop, while the target is the 1.618 extension of Minor wave 1 .