Quick Intra-Day Update


As expected, we are continuing in our whipsaw environment, which the market told us to expect last week when it broke the Fibonacci Pinball structure.  

So, I have added an upper support box on the 5-minute chart.  As long as it holds, our immediate path is higher.  However, should it break, then I have added an alternative in an expanded b-wave structure for a larger wave 4.

5minSPX
5minSPX
Avi Gilburt is founder of ElliottWaveTrader.net.


  Matched
x