applying the Elliott Wave theory - JSE charts at: jsecharts.blogspot.co.za/ - click image to enlarge
Thursday, 14 June 2018
S&P 500 Index
Whichever way the waves of 2018 are counted, this is a 3rd wave. In keeping with tradition is the extension of the 3rd. The prognosis has a tad down to iv and the resume up to complete this 3rd wave. The (iv) should then display an alternation of form with (ii).