Just a couple of thoughts using PnF charts
1) Using a 1% scale ( my default ) the DJIA reversed into O’s yesterday – the first time since 11/23/12
2) The DX/Y got hammered yesterday but is @ serious resistance, it can go to 80.95 but that is about it
3) It appears that the correlation between DX/Y,CD/Y and the markets is no more after a very long run with very good accuracy.
4) I feel that for Major wave 3 to end we will have to get a sell signal on the SPX which won’t happen until 1530 is breached.
I use PnF charts as it is easier to count the waves for me, I just adjust the scales up or down to find the smaller and larger waves.
Best to you and your followers