[Update 5PM: As suggested on Friday http://1.bp.blogspot.com/_TwUS3GyHKsQ/TUM6algETkI/AAAAAAAAIjg/MdgErAHw9io/s1600/wlsh1.png, the wave ii expanded flat count still works for us here. The market is "setup" for a big wave iii down but of course it actually has to happen....
ORIGINAL POSTAs long as key wave markers hold, we have to search for a count that would achieve new highs.
This Wilshire chart below very well shows the key wave marker and the possible counts.
Hourly WLSH shows a wave [iv] flat count.
Dollar still hurting