I am going to mark today's high as the end of wave [ii], but we could get one more submicro wave high before it is over. If we blow through 1115, this count might be wrong.
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SPX, USD, Gold, VIX, XLF and Apple.
Thursday, September 9, 2010
Market Update - 9/9/2010
Nothing much has changed over the past 2 days. We did however get to the very important pivot of 1110 on the SPX. We did turn down from it, but it was not a hard reversal.
I am going to mark today's high as the end of wave [ii], but we could get one more submicro wave high before it is over. If we blow through 1115, this count might be wrong.
1110 and 1115 are the very key pivots for tomorrow. If we do break below 1090, there is a good chance that we have topped.
I am going to mark today's high as the end of wave [ii], but we could get one more submicro wave high before it is over. If we blow through 1115, this count might be wrong.
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