SPX Daily - Wednesday, Aug 31

@ 4 PM

This (c) is looking as goofy as the (c) of w.
We got an abc down, and closed in position for a possible gap up 3rd wave.

@ 1 PM

A 7-wave correction to be followed by another impulse up?
Or may be just more of the fourth wave meandering.
NDX needs about another 30-35 points to touch the 61.8% retracement.

@ 12 Noon

Sharp moves in the DAX  today.

@ 11 AM

The gap up had nice 5-waves in it.
But one more push up will make the (v) of (c) look much better.