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CURRENT MARKET TREND: Down on 1/24/2020






Wednesday, March 12, 2014

SP-500 Bullish Options

Here are a couple of the bullish options. The white count has the previous high as a wave iii high. Since wave i is longer than wave iii, and wave iii can not be the shortest wave, wave v would need to top before 1905. There are no limits for red wave (iii).

Cycles are showing we are in a downtrend until March 24th, give or take 2 days. We already has the VIX cycle low on March 10th, so bullish counts are going against those cycles currently.