Tuesday, 5 October 2010

14:41 BST - SPX Update on the bullish and bearish counts

This is the only way the bear count can survive now - 1157.16 is the invalidation point:

SPX 1 min - bear count:

The near term bullish count will take out that high, if it represents what is playing out, but it needs to stay above 1131.87:

SPX 1 min near term bullish count: