Therefore, today's penetration and slight pull back from the 100.0 extension high may be the end of the a-b-c correction.


One day later on 11/4/15, the update below was posted:


The market is now at a critical juncture.  If the S&P is still adhering to its Elliott Wave structure, then a penetration of the 209.70, low indicates that the a-b-c correction may be complete and that "Wave 3” is underway.

Note:  All proprietary technical updates are password protected.