Big Picture Count updated 3/18/20

New big picture count is an expanded flat for Cycle 2. The bear market could end the week of 3/23/2020

As we predicted last year, the end of the Bull Market that began 3/3/09 has ended and Cycle Wave 2 is underway. Rough times lie ahead.

January 2019 update:  Looks like the equities will see one more leg up to finish the bull market that began in 2009.

spx-daily

December 2016:  We were about the only Elliott Wave technicians who properly called the high of primary wave [3] as not the end of the bull market.  We are now looking for new all time highs in 2017:

spx daily

June 2015:  We’ve been following primary wave [3] for some time, but we called the top at SPX 2134 for subscribers spring 2015.  Here’s the updated chart and you can scroll down to how it evolved for subscribers:

October 2014 update:  On February 10, 2013 I posted the following count:  My primary count holds that intermediate wave (3) is unfolding, and if correct, should take the indexes to new highs in 2013.

spx daily
spx daily

On 8/5/2013 update:

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Now 10/9/14:

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My May update, 5/17/2013:

4 Responses to Big Picture Count updated 3/18/20

  1. Pam Breedlove says:

    At what level did Primary Wave 3 begin on SPX? Thanks.

  2. alphahorn says:

    Primary wave [4] still hasn’t begun, but should before the fall 2014

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