[Update 2:55PM: Its shaping up to be a close on the high kind of day, but there is still an hour left. Update RUT squiggle. Yes 666 can be achieved.]
[Update 2:34PM: Does anyone have the gut feeling something awful is going to be announced after the market closed? Think they close 25 banks this weekend? - There has to be a backlog.....]
[Update 1:40PM: The RUT has achieved an ABC parallel channel.]
[Update 11:58PM: Potential count on the RUT. Lunchtime, prices may be wandering sideways for a wave iv. I like all the bold bullishness being displayed in comments. I always had a feeling that would be the case near a major turn point and that there would be a point in time that this would come. A few more up days and I suspect the hardiest bears will turn.]
[Update 11:48 PM: Nothing to love about this VIX chart except its getting a bit oversold. That and it is sitting under a trend line nicely which if it can pop over, then all hell might break loose for a bit. Also the big gap down today finally closed that open gap up from January. If the VIX can manage to pull off a "hammer" candle, that too would be encouraging. Weekly still shows positive divergence.]
[Update 11:30 AM: Finally getting some clarity on Apple. I have the wave (4) as a triangle because the C wave looks like a typical complex C wave inside a triangle. Also that means there may only exist a "thrust" move for the final wave to new high which it has made a new high today already. We'll see I guess.]
Update 10:40 AM: The Dow minis I showed below on the inverse H&S has hit target.
The DJIA minis shows an inverted H&S target somewhere just north of 10500. I'm off work today, so I'll probably post a few charts.