Tuesday, 5 October 2010

17:45 BST - SPX Update - a further high required to complete 5 waves up from 1131.87?

For the sake of completeness, here's the count I mentioned  in the last post which suggests a further high is needed to complete wave v of (v) up from the wave iv of (v) low:

SPX 1 min - near term bullish count: further high needed to complete it:

Until we see an impulsive move down, the risk, as always, remains to the upside.