8/5/10 - AM UPDATE [9:00 AM UPDATE]

SPX - 30 MIN

This count has subminuette i of minuette (iii) at 1127.75. Currently this AM's decline is micro [C] of a subminuette ii expanded flat.

That's all for now.

 [9:00 AM UPDATE]

I added the channel to highlight subminuette i. It goes without saying that the alternate to this is a wave [4] or B is still in the works.