Elliott Wave Update ~ 28 March 2014

(Update Sat 4:25 PM: I posted the wrong chart Friday night. The correct one is up now)

Wave structure is muddled. However, the tops of the various indexes are spread out. The market is currently fragmented which could indicate a major topping process (cycle wave b).

I re-drew the cycle wave channel line. Its more interesting this way and has more touch points.