Friday, 10 September 2010

19:58 BST - SPX Update on the ending diagonal from 1040.88

Could this be it for the ending diagonal?

SPX 1 min - ending diagonal complete - take two:

Taking out the low at 1105.15 would greatly increase the odds that this ending diagonal is over, but the low I remain focused on is 1101.53. As explained in the earlier update showing the alternate ending diagonal count  (click here), I think until then, that 5th wave ending diagonal count gives rise to the risk of continuing upside.