applying the Elliott Wave theory - JSE charts at: jsecharts.blogspot.co.za/ - click image to enlarge
Wednesday, 25 April 2018
JSE Top40 Index
Top 40 futures can be an Elliott misleader at times, but at the moment it sings a tune that I heard before. So minor wave (ii) it is unless it goes below C, but that would be very very unexpected from the indicators here.
Of course you can see the errors within the Intermediate wave 3 count, not? Here is the preferential count for those that are appropriately fussy about these potentially crucial things...