Monday, August 22, 2011

SPX Daily - Monday, Aug 22

@ 9 PM

The wave structure looks much better on the DOW.
A slightly different squiggle count.


@ 4 PM

We just finished one chop on Wednesday, we are already in another.
Count remains very fluid.


@ 3 PM

What is interesting, and making wave counting challenging, is the chop is trending downwards.

@ 12 Noon

1 comment:

  1. vega - as a second opinion -- i think your updated dow count last evening might be the winner. It's the count i'm currently working with and it's working so far.

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