applying the Elliott Wave theory - JSE charts at: jsecharts.blogspot.co.za/ - click image to enlarge
Thursday, 7 June 2018
S&P 500 Index
The S&P 500 is in near wave sync with the outperforming Nasdaq. Minor wave (iii) of Intermediate wave 5 is doing its thing quite acceptably.
The series of one-two's is a high probability occurrence. Onward and upward is strongly indicated.