Elliott Wave Update ~ 31 March 2026

Well, I had a feeling a major up day was right around the corner because the DJIA count suggested it. (I misspoke on the 200 DMA red line on this chart; this is the hourly not the daily. I show the daily next, but the premise still holds, the red line is the goal even on the hourly).

Probably the best count on the SPX. I would expect price overlap with Blue Minor 1. So, there is still much more upside potential. Then it all falls apart. The AI bubble has popped.