Thursday, 10 June 2010

17:10 SPX update on option 1) from post at 16:22 BST

I forgot to mention that with regard to option 1) listed below, there are some possibilities within that:

a) We may still be in the process of completing wave (ii);or

b) we completed wave (ii) at the high of 1105.67 or 1103.95 and started wave (iii) down. We have seen wave i of (iii) and are currently in wave ii.

No wonder we're getting such wild swings most days - the market is as confused as we are!