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Aug 24th, 2010: Update 4 – Afternoon

Posted by pugsma on August 24, 2010

2:00 pm EST:  Still looking for that 5th wave down below 1046.68 to complete the primary wave v-(c)-2-[1]-P3 or alternate wave (1)-3-[C]-P2 and set-up a near-term bottom.   Targets are (c)=(a)=>1040 or 78% retrace at 1037.

SP-500 15-min chart real-time link:  http://www.freestockcharts.com?emailChartID=e7315ed2-e637-49a8-ace1-67a1b6844dc4

SP-500 15-min chart (1:55 pm):

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