Custom Search

Sunday, October 9, 2011

E-minis [Update 11:08AM]

[Update 11:08PM: Market has retraced already more than 38%.  That forces a re-do of the squiggle count to a higher degree wave label. Very strong internals today.
Couple of squiggle counts shown below:

SPX shows that this is wave i of (v) of [a]. If this is the count, I'm looking for [a] to eventually top out at around 1218SPX. Wilshire shows the other count.
I labeled the Wilshire to show wave iii of (v) of [a].  
blog comments powered by Disqus