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 16, 2009
Well, it looks like we have a decisive break-out and up of the rectangle pattern this morning in a strong start to a wave (3). The SP-500 is currently above 1116, which is up over 8 points for the day. Target for this wave (3) is in the 1125 to 1127 area.
5-min Chart:
This entry was posted on December 16, 2009 at 2:56 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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