Have to consider the possibility that the Wave X bottomed on Oct 4th @ 1,074.
Since COMPX has exceeded the May 2 high, the previous count is invalidated.
Since a Greek default is widely expected to cause a severe correction, market may do the contrary.
Vega,
ReplyDeleteCHANGE IN TREND TOP TODAY OR MONDAY 2-6
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The market has rallied 187 pts from the Nov 28 low.
DeleteA brief correction is indeed due.