[Update 9AM: would make a nice ABC zigzag. Which means get ready for a hard reversal to the downside if thats the case once the ZZ tops out. I think its going to be a wild day.]
Friday, March 18, 2011
[Update 10:20AM: My super bear count I posted the other night https://lh5.googleusercontent.com/-LJIbPy2zGXs/TYEfmN93JFI/AAAAAAAAI4Q/pJ5PDZtmbGs/s1600/SPX50.png is still on the table. Wave (ii)'s form changed to an expanded flat would be all thats different or a simple zigzag as posted below https://lh6.googleusercontent.com/-0sCMYL77Pkk/TYNozBJiuuI/AAAAAAAAI5Y/mAZq_3BDdRA/s1600/spx30.png.
Posted by Daneric at 8:04 AM