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 December 10, 2009
If the bullish short term alternate count (purple) is to play out, watch for a wave 2 drop to about 1096 to gill the gap from this morning. Then an explosive wave 3 should take the SP-500 to new highs over the next 2 to 3 trading days (see the new upper slopping trendlines in purple).
5min-Chart:
This entry was posted on December 10, 2009 at 6:53 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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