6/6/14 - AM Update

[11:29 AM] - For the bears counting on this ED count, SPX cannot pass 1965.19 or else wave v of 5 will be greater than iii of 5, which is a no-no for the ED per rules.

11:29 AM

6/5/14 - AM Update

[8:01 AM] - A breakout of the triangle and now a backtest. We'll see if the tri holds or not. If not, near term this lil leg may be done.

8:01 AM

6/4/14 - AM Update

[7:55 AM] - A possible triangle forming.

7:55 AM

6/3/14 - EOD Update

Three ways I'm tracking this, with two of them allowing for the completion of this leg that started back on 9/2011.

Option 1: The yellow ED is still working itself out. Once wave iii is complete, we'll be looking for wave iv.

Option 1a: All five blue waves are complete since 9/2011. A variant of this would have wave 5=1 at 2079 and .618 at 1996.

Option 2: All five waves are complete with a wave 5 ED to boot since 9/2011.

Option 1 and 1a

Option 2