Friday, 25 June 2010

17:49 BST - SPX Update

Its possible that on the count I showed earlier for a possible expanding flat wave [4], we've already completed wave [4] and have started wave [5] down:

SPX 1 min, wave [4] complete, now completing wave (2) of [5]:

This would be very similar to the extending wave wave [5] count shown at the above link, except that could be more bearish since it has nested ones and twos within wave [5].