First Attempt at Using Elliot Waves

My price target in the $208-$210 range are supported by Weekly 'DeMark' Pivot Points. If we bust through the R1 @ $230 then the timing is wrong for a move down.

Since I am still learning... 3rd and 4th waves are a complete guess as to where they are plotted ( iii & iv, ((3)) & ((4)) ).

Just wanted to get this chart saved as an idea to check back later.