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
To join the Premium Service follow this link: PUG Premium Service Sign-up. You must agree to the Terms of Service (TOS) and make a payment via a credit card Buy Now link or check in the mail. I will then send you the password to view the premium content. If you have questions send an e-mail to: pug.sma.llc@gmail.com.
Posted by pugsma on June 30, 2010
9:20am EST: ES Futures hit a high of 1044.5 (1048.5 cash) overnight and have since backed off to 1034 (1038 cash). I’m looking for this wave 1-[C]-P2 to come to an end soon, setting up a large positive divergence on the daily chart between the RSI/MACD and price. A wave 2-[C]-P2 rally to 1084 to 1098 should follow.
ES Future (9:12am):
This entry was posted on June 30, 2010 at 8:24 am 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.
Sorry, the comment form is closed at this time.