Tuesday, December 27, 2011

SPX Daily - Tuesday, Dec 27

@ 12 Noon

A possible alternate count on the DOW.
A triple three complex correction.
In EWP notation it would be a triple zigzag WXYXZ.


  1. a triple zigzag would catch most offsides...which is more or less required for the potential energy required for some nasty 3 wave decline action!

  2. now we need a catalyst to initiate the wave 3 crash..

    would a downgrade of Europe do the trick.

  3. Wave 2 may not be quite done just yet.
    Though the final zizgag looks pretty good on DOW, it may need some more length on the SPX.