Friday, 2 July 2010

20:19 BST - SPX Update

OK, the sub-dividing wave (5) is out of the picture. That just leaves two counts on this chart - wave [2] or wave (4) (I've adjusted the labelling slightly). The former is invalidated above today's high. The latter is invalidated if it ends above 1024.57:

SPX 1 min - completed double zig zag at 1032.95: