Replies to post #247 on SPX Elliott Waves (SP500)

[gdl]

So the lows of yesterday met the criteria still for a rally to new highs?

If you want to get excited about an event in history look back ninety years. This from Tony's blog.

"Bull markets rarely end without a huge struggle and the 90 year Gann anniversary of the 1929 top is September 29."

Now that would meet your criteria but not the right wave count.

Me, all i know is if we do hit that high before September closes I bet at every opportunity for a crash scenario regardless of how Elliot is positioned. I still see this current drop as far from over so i guess we are at opposite sides here.