Wednesday, November 24, 2010

SPX Daily - Wednesday, Nov 24

@ 4 PM

Gapped up in the morning and then spent the rest of the day in a possible triangle, with part of the thrust up already completed. Black Friday's abbreviated session would be a nice setup to put up a top.



@ 12 Noon

The fourth wave is way too large to be a subminuette (iv) even with a WYZ count. It is looking like a minuette ii. So will have to go with the alternate. Recounting with minor B ending earlier on Nov 5, and minuette i ending on Nov 16.

1 comment:

  1. hey there Vega...seems we remain in sync regarding the short-term action!

    http://jeffreygtc.blogspot.com/

    ReplyDelete