Tuesday, November 10, 2009

11/10 - SPX

This is all I have for tonight. If wave (c) of minute [ii] completed today, it extended a nice 1.618 x (a).

I think there is just a little more to go though if this count is correct. Subminuette v of minuette (c) has one final micro wave v to complete at just about 1096. Basically it will top near subminuette iii (red).

The bullish alternate would be that this is a minuette (iii) up and that P2 is not complete. If so, then refer to this chart posted yesterday.


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