SPX's Elliott wave, Alternative count if you are "Bearish"

22 Feb 2021

If this to be correct, it will probably cancel any thoughts of a B wave since march's low.

25 Feb 2021

Catatan

This is the only strong argument for a bearish scenario going forward, all others

are either not complete, not clear or suggesting a bit higher numbers which we

still could get. with Elliott never say "NO". We need to break a major support on

the chart to suggest an active down side scenario

27 Feb 2021

Catatan

Against all odds, this count still has more probabilities & breaking January 29, 2021

would give this count more favorable chances of being the right one. Still do not see

any catalyst for breaking last low, but in financial markets never say no.

16 Mar 2021

Catatan

This is the only hope for the "Bearish Case", no catalyst + M2 is getting fatter don't see it happing soon w/o something that will shake up the markets.