Saturday, April 30, 2011

SPX Daily - Saturday, Apr 30

@ 12 Noon

I think I figured the issue with our count yesterday. What I had labeled as an impulse on the 1-Minute chart, is actually a 7-wave corrective wave.

We now have a valid count for the action so far. I don't know if this is indeed the right count, Mr. Market will have to confirm it on Monday.


No comments:

Post a Comment