Saturday, 3 July 2010

16:58 BST - SPX: 60 min counts page updated

I've updated the 60 min counts page to the close on 2nd July 2010.

This page shows the 5 Options I am following for the decline from 1219.80 and they give context to the 5 Counts I have on the shorter term charts, which I update daily, for the decline from 1131.23. 

11:57 BST - Updated Pages

I've updated the Impulse From March 2009 page and the Zig Zag From March 2009 page.

On each I've shown some potential levels to watch out for. 

I've also addressed (on the Zig Zag page) an issue I keep coming back to - if we're in primary wave [3] down from 1219.80, whether I should be labelling the decline on the basis that we have completed minor wave 1 of intermediate (3) of primary [3]. My labelling assumes that we are still in minor wave 1. Obviously, I can't be certain that this is correct, but I've explained why it could be.