Tuesday, April 12, 2011

SPX - by moguita

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
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