Big Picture Count

Big Picture Count August 2020

Intermediate wave (3) of primary wave [1] continues to melt up. Expect new all-time highs leading up to a Trump election. The market says, Trump will win, just as it did in 2016.

Big Picture Count March 2020

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:

spx daily

Now 10/9/14:

spx daily

My May update, 5/17/2013:

4 Responses to Big Picture Count

  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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