Friday, 17 September 2010

14:57 BST - SPX Update - top in?

Referring to chart 4 in yesterday's end of day update, if I place wave [4] of v at the low at 1118.88, I can count 5 waves up at today's high:

SPX 1 min - close up:

Taking out 1118.88 would given reason to have some confidence int his count.