9/13/10 EOD

Daily Preferred

Just an update to this daily preferred count. I am anticipating 5 minute waves ([i],[ii],[iii],[iv] and [v]) for this last leg up to form Minor C of Intermediate (Z) of Primary wave 2.

Don't forget to check out the other counts I have been following by clicking on the Interesting Charts link to the left.

Diamond Bottom?

An update to this chart shows the push out of the diamond continues.

We are close.

WEEKLY MAs

 A revisit of this weekly chart shows the 200 weekly MA at approximately 1200 at the moment. We have a weekly MACD bull cross in effect as well.