SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on November 11, 2009
The 1105 point of recognition line from Oct 2008 was tested this morning and the SP-500 immediately backed off and attempted to fill the 1093 gap up from the open. Watch the 1085 to 1090 lower channel line area for support and the alt: iv point. Or if it continues to break down then the c-leg down could be underway.
5-min Chart:
This entry was posted on November 11, 2009 at 4:23 pm and is filed under SP-500. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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