S&P500 came very close to levels from last week at 1917. If this low is taken out, then we will have to look for even lower levels. I am looking at alternate scenario, where 1917 break puts further weakness in play for 1875 for wave 4).
S&P500 (December 2014) 4h Elliott Wave Analysis
Not much has changed on USDCAD, pair is still sideways within a three wave bounce. We see a triangle in the middle of a red wave b) that can still test 1.1200/10 before pair turns down for wave c).
USDCAD 1h Elliott Wave Analysis
