S&P 500 5-Min Chart

Mar 14, 2018 - 2:41 PM EDT

The market's break of 2750SPX today opened the door to a LOT of complication. I am going to try to write it up for the evening update, but it comes down to this. As long as we are over 2733SPX, both the purple and green are what I am following higher.

A sustained break of 2733SPX has me tracking the blue count, and then the bigger alt (4).

5minSPX

Avi Gilburt is founder of ElliottWaveTrader.net.

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