Friday, October 14, 2011

SPX Minute - Oct 14, 2011

This alternate count on the DOW looks much better overall.
Things do get tricky when a corrective wave makes a new price extreme.

May 2 high to Aug 9 low is 99 days, and Aug 9 to Oct 14 is 66 days.
Giving 66/99 = 2/3 = .666

This count also syncs up with the count on DAX.
Time ratio on DAX is 31/134 = .231 ( = 5/21).


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