31 July 2025

 This might be the beginning of wave 1 down, but for now I think we still have a wave 5 of 5 to complete the upward move.  Friday may hold that answer.

16 July 2025

 Wave 5 may be over, but I think we have one last burst of insanity left that will push the S&P 500 to about 6430.  So far it appears to me that July has been a wave 4 correction. 

28 June 2025

 I thought the large dip labeled Wave 4 in April 2025 was a Wave 1 but it's become clear that it was a Wave 4. It appears to me that Wave 5 is nearly complete. If I'm right we should see a significant drop very soon.

1 May 2025

 

6 May 2025

 If I'm right this Wave 2 upward correction should finish within the next day or two.  Look at previous posts to see a wider count.

25 April 2025

 I might be wrong, but this sure does look like a classic Elliot Wave correction.  The yellow line is the bottom of an Andrews Pitchfork originating on 3/23/2020.  The solid Blue line is a trendline originating from the peak of 6166.5 on 2/19/2025. If my count is correct we are about to finish wave 2 and begin wave 3.

While there is heavy at support 4600 I believe Wave 3 could end more than 1000 points lower than that.

24 April 2025

If I'm right, wave 2 is about to complete, then wave (3) should kick in and take the market to below 4600