Wednesday, October 12, 2011

SPX Daily - Wednesday, Oct 12

@ 4 PM

The Sep 20 high was breached on the DOW, but not SPX, COMPX or NDX.
What does that mean?
I have no idea at this point.


@ 2 PM

NDX painting a very different count.


@ 12 Noon

The size of this leg up looks inconsistent with the preferred count, alternate looks better.

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