Friday, April 23, 2010

4/23/10 - SPX EOD


SPX DAILY

SPX DAILY COUNT

On the top chart, the market pierced that upper trendline. The trend remains up.

I previously posted a 60 min chart but thought I would place my daily count here. Trying to keep this as simple as possible. I think the bottom line we are either searching for Minor C of (Z) or Minor A of (Z). Notice the gray labels correlate with a Minor A top.

How we will arrive there I will present with counts for the following: the triangle, expanding ending diagonal and ending diagonal count that I have presented over the past few days.


Check back later this weekend.

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