SPX - by moguita
Tuesday, April 12, 2011
Alternative count to Filipe ending diagonal (not sure if wave one was a leading diagonal).
Red is the primary one ;) and blue secundary.
Against the red one, is the fact that futures didn't made new high in 08/04, like did cash. So, it may turn out to be an abc down.
The INDU did hit a new high, for that reason i'm considering a possibility of a truncation
Good luck
PS: We don't need no IMF
We don't need no thought control... lala lala-la la-la-lala