10/31/12 - EOD Update

60 Min 

Interesting to see 2 days of data missing. Green, Orange or a variant of green? We'll see.

10/30/12

ES

We'll see what tomorrow brings. +ve divergence playing out.

10/25/12 - EOD Update

Yesterday I suggested that a flat was in the works, which would result in a lower low. Today, the flat played out.

5 Min

Green looks like it may have completed five waves off the 10/18 high. Red is looking for something more bearish.

Based on the 60 min chart below, the five waves off the 10/18 either caps off {iii} down of a five wave impulse down from 10/5 or the double (wxy) zigzag orange option is complete.

60 Min 

AAPL - 60 Min 

AAPL has extended beyond its H/S target and now has wave 3/C meeting the 1.618* extension target.

10/24/12 - EOD Update

5 Min

I removed the orange option for the near term count. The bounce off yesterday's low is not impulsive, though it could be a leading expanding diagonal.

The decline following today's high does not look impulsive either so a flat may be in the works here to either wrap up ii red or (iv) green.

60 Min