Thursday, April 28, 2011

5/28/11 - EOD Update

EOD Update




I posted this one several days ago. Like father like son.

SPX- 15 Min - Bullish Option

Here's a bullish option of the latest rally. This would be applied to the Minor 5 In Progress option below.

SPX - 15 Min - Corrective Option

This would be applied to the Minor 4 Flat or Minor 5 ED options below.

Minor 4 Flat Option

Minor 5 In Progress Option

Minor 5 ED Option

RUT Weekly

I haven't posted this one in a while but it still looks good. Notice that 5=1 at 864? Only a few points away, however, wave 5 only looks like a three wave structure so most likely more to go if the count is correct.