Thursday, October 1, 2009

SPX 10/1 AM - Running Flat (ii)?



I thought I would post this for SPX as well. Still watching the Dow for that potential Wave 1 LD.

I'll have to sort out the degrees. Today's decline so far may only be the first wave of wave 3. It appears she may have completed for now.

If so, minuette (ii) of Minute [iii] should retrace a proper Fib level before minuette (iii) of [iii] plays out tomorrow.

I could be early, but so far this looks like a proper count.

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