Thus far, Primary wave C is difficult to determine where the internal waves are located. We have either seen the end of Intermediate waves 1 and/or 3 or something else. The projection is for Primary wave C to last 37-46 days while it drops 863.93-1117.41 points. If this range is valid, where should each intermediate wave end? This analysis will determine potential...
I just combined both EW and PA for forecasting SPX index. both are reflecting price and emotions of bulls and bears(price action traders always look for opportunity to trade in either way) But Elliotticians will trade in the main direction of the trend(down) . Since trading in options(buying), is a premium game(theta erosion),better to enter on 9th march
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.