Wednesday, September 28, 2011

SPX Daily - Wednesday, Sep 28

@ 4 PM

Need a decisive break out of the trading range, till then, the possibility of being in Minute 4 stays high.


@ 12 Noon

Looks like this could still be Minute 4.
If 1221 is breached, it will be confirmed.


DOW count using the Complex Correction.

DAX appears to have a completed flat for wave 6.

2 comments:

  1. Your cautious attitude is appreciated. You provide a very good service. Thank you

    KumoBob

    ReplyDelete
  2. Thank you for the kind words.
    One thing I have learned is that the market almost never does the most extreme count - whether bullish or bearish.
    I try my best to avoid them both.

    ReplyDelete