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 May 20, 2011
10:35 am EST: Both the white and blue counts look fine as long as the 1330/1329 support zone holds up. And both remain valid down to 1318.51. The initial 50% retrace target of 1333 has been met, with the low at 1332.76 thus far this morning.
SP-500 15-min chart (10:32 am):
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