Wednesday, February 10, 2010

SPX daily update

As I sayed during the weekend, this wave ii of iii must not pass 3 days and/or 35 points. Therefore, tomorrow is the DAY to cofirm my primary count. Despite this, tomorrow, as I showed in my last update, I still expected new highs and a possible test at 108x's.

Since the last week lows the pattern seems only zig zags and the odds suggest my primary count is the correct. However, as requested by Jose, I decide to update my bullish count (alternative).
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