I guess we can ignore that drop and pretend we never got below 2842.
So Elliot where does that leave you? in the dust? But remember folks Elliot is never wrong it's YOUR weak interpretation of the charts.
Can we possible be in a bullish mode here? I suppose the thousands of ways to readjust the chart means it can. Awaiting the new and shiny version.
Bottom Line: Forget reality and trade wars, earnings disappointments, projections of a 20 percent surge in earnings but not till first 2 quarters of 2020. Forget that the FED only dropped rates by 25 basis points. Forget this historic 10 plus bull run. The two trillion giveaways and a federal policy that does away with silly rules and restrictions for companies.
Please spell out in simple English where we are headed.