Friday, September 2, 2011

SPX Daily - Friday, Sep 2

@ 4 PM

Counting the subwaves for Minute 4 would be vain.
May be this will not turn into another wave X, to be followed by wave Z up.


@  11 AM

Is it possible that wave y topped yesterday?
DOW poked a higher high yesterday.

Elliott's method of counting double three allows for placing a top at yesterday's highs.
A seven wave correction.

It will still be best to wait for a confirmation though.

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