Sunday, November 7, 2010

11/7/10 - Pre Market

9:15 PM

This count has the triangle compete on 11/1. The move out of the triangle is working on five waves up to complete wave 5 of minute [iii].

Let's see if this little triangle is playing out for (iv) of 5. Check back in the AM.

SPX - 15 Min

Here's a 15 min view of the structure out of the triangle. I have one alternative view and that is making room for the possibility that wave [E] of the triangle ended on 11/3.
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