Tuesday, 5 October 2010

20:21 BST - SPX Update: nearing a top?

I've re-labelled the count slightly. Still looking for that elusive top to the rally from the August low on both the bullish and bearish counts.

SPX 1 min - close up:

We may be close now. Wave (v) is 1.236 x wave (i) at 1163. A drop below 1159.11 may be the first sign of a top.