2 slightly different counts

Wednesday, September 9, 2009

At this point I show 2 alternatives for the count. This is because SPX and DAX are diverging from Nasdaq and Dow. On November 3rd Nasdaq and Dow had make a low, while Nasdaq and Dow don't. My favorite count puts SPX on the highs before correcting.
Best short term strategy at this point, may be wait for the the end of the retrace ( wave b or 2) and then enter long.

Best to your trading

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