Friday, 6 August 2010

20:20 BST - SPX Update - ending diagonal wave [c] of a zig zag

This is an update of the chart I posted earlier for an ending diagonal wave [c] in a single zig zag from the July low:

SPX 5 min - ending diagonal [c] of minor 2:

It does look nice, I think. The odds of it being in play increase once we take out that x wave high.