Wednesday, January 19, 2011

SPX Daily - Wednesday, Jan 19

@ 4 PM

If 1295 was the top, we got 3 of the 5 waves down.
Else, abc of minuette ii as shown on the chart.
Either count cannot be ruled out  just yet.

@ 1 PM

Lowering the degree of the 5 waves, and expect SPX to reach 1350.

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