Friday, August 28, 2009

SPX 8-27 PM Update

Nothing much to add tonight other than the count for what appears to be Minute [v] of Y. The count appears to be a straight up 5 count.

I highlighted a range which I believe where Minute [v] will end. Don't forget that price will be attracted to the previous fourth wave extreme.

There are trend channels as well that may help. Please refer to my previous post on this.

We will see.


  1. of course there is no Y, last impulse ended in 1015... it is a new uptrend towards 1150