Not much to add. Watching for the completion of wave (3) per the primary count. Watching 2756.89 from a micro-level to indicate whether wave (3) is still playing out or complete.
After that I'll be watching 2637.01, the top of wave (1) in the daily chart below, for the invalidation point if this was only a three-wave bounce.
A more bullish count has Friday's high as the completion of wave 1 of (3). That invalidates with a break down below 2447.49.
 |
| Daily |
 |
| Weekly |
Just a channel and some levels of interest. This channel uses the 4/19/10 and 2/14/11 for the upper trendline and the 3/09 low for the lower trendline to define the channel.
 |
| Weekly |
