Thursday, December 1, 2011

SPX P2 Count


This count eliminates all the problems of the P2 count.
Overlap in Minor 3 of (1)/(A). - It is actually a 7-wave complex correction.


5 of Minor 5 of Int (A)/(1) is a triple, do not have to force fit a 5-wave impulse on it.

Wave (3)/(C) is a 7-wave complex correction.
No reason to go crazy with the orthodox vs nominal top.

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