Wednesday, September 21, 2011

SPX Daily - Wednesday,Sep 21

@ 4 PM

May be Minute 4 is indeed over. Per Elliott a maximum of 11 waves in a combination correction.
Time ratios favor it.

Bonus charts - IYR, NDX, COMPX.



@ 12 Noon

If the market does what it did after the last two Fed meetings, this would be the count for it.

2 comments:

  1. tomorrow is the last day of Day 6 in Calleman's count. Night 6 starts sept. 23. Not sure all the implications, i would expect him to have another short paper out soon for Night 6. Oct. 28 coming up fast.

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  2. Yeah, I think he should be publishing it tonite.

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