MTU Weekend Ed. - Wedging once more (8/27/21 close)

 The new high in SPX has promoted the small wedge count highlighted last week.  

MTU Weekend Ed. - Turn(ing) (8/20/21 close)

A clean top in SPX, but a three-wave decline so far (Chart 1). 

The three-wave decline can morph into a leading diagonal triangle or a large flat. If so, a meaning full top is likely in (blue (Y) Chart 2). 

The three-wave decline can be the entire correction.  In this case, an ending diagonal triangle may be wrapping up (green (Y) Chart 2). 

 

MTU Weekend Ed. - Wrapping Up (8/13/21)

 A potential EDT midweek did not play out as our small-degree wave (c) continue to advance.  By the end of week (Friday, the 13th), wave(c) now looks ready to wrap up. 

Wednesday Update - Wedge Watching (8/11/21)

If this EDT interpretation is valid, a case can be made that high today or tomorrow is a remarkable one.  See the weekend update for context. Note also that the Dow finally broke out to a new high.

MTU Weekend Ed. - Counting On (8/6/21 close)

SPX appears to have broken out of its recent consolidation (tracked as b-down).  c-up is likely in progress, marching towards the proposed finale.