Dec 23rd, 2009: Morning Update
Posted by pugsma on December 23, 2009
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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 23, 2009
Wave v of (3) didn’t quite finish yesterday at 1120.19. Wave v ended up being an Ending Diagonal and it may have peaked at 1121.57 early this morning (see 1-min chart).
I looks like we have entered into wave (4) down now and the target will be be in the 1110 to 1113 area.
1-min Chart:
15-min Chart:
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