Elliot Wave, page-4

I look at it because others use it.A big picture is great to see where we might? be.Very popular in the US and probably better for their market[greater depth].This current update enables you to pick upcoming potholes,false breakouts etc.The comments that are written with the chart are ominous and if the S&P is headed for 500 the prices we are seeing now are way overvalued.I am trying to see some sort of relationship between it and the gold price.At the moment cash or very short term plays seem best.