Flavors of Alternation - Market Analysis for Apr 1st, 2022


Alternation

Alternation is a guideline and NOT a rule.

Alternation can come in different "flavors" like structure, depth, or time.

The wave (ii) on SPX was a sharp, deep, zig-zag that took ~3 trading sessions.

If this is not all of a shallow (iv), then we should probably see at least a high bounce as b of a wider flat taking closer to ~8days.

SPX.XO - Uber Accelerated Bullish - Apr-01 1437 PM (15 min)
SPX.XO - Uber Accelerated Bullish - Apr-01 1437 PM (15 min)
Guidelines
Guidelines
Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.


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