Tuesday, May 10, 2011

SPX Daily - Tuesday, May 10

@ 4 PM

What I can see so far, looks like we will get a 5-wave Minute 5 on the SPX along with the DOW. Also minuette c of Minute 4 is a diagonal. But only wave v of c is a zigzag.

That definitely raises the question of what exactly is the subwave structure for diagonal patterns?

@ 12 Noon

Watching the DOW and the SPX. So far they look identical in Minute 5.

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