Wednesday, October 5, 2011

SPX Daily - Wednesday, Oct 5

@ 7 PM

An alternative count has emerged using the Complex Correction. Here it is on the DOW chart.
I think it has a very good chance of becoming the Preferred Count.
Will have to closely follow which of the two is unfolding.

@ 4 PM

The SPX count survived the day, for wave (iv) stopped short of overlapping wave (i).

DOW count using the Complex Correction.

@ 12 Noon

SPX chart followed by DOW chart using Complex Correction.

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