Aug 18th, 2010: Update 4 – Afternoon
Posted by pugsma on August 18, 2010
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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 August 18, 2010
1:10 pm EST: The bulls have pushed it right back up to the 13-day vs 34-day EMA area of 1097. If they can push it over this 1097 to 1100 area, they will generate another short squeeze higher with many stops likely set at 1100.
SP-500 15-min chart (1:05 pm):
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