Tuesday, March 2, 2010

3/2/10 - SPX EOD

Option 1

Option 2

Here are two counts as I see it. The top chart may work better.

Minute [ii] may be in for the top chart or only minuette (a) red. If it is only minuette (a), a pullback for wave (b) red near the red Fib retracement levels would be expected before a final push higher. The green EW channels may provide a guide for that move higher.


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