Market Update - 10/25/10

Hopefully you had a chance to watch my video from yesterday.

Short post today, but I wanted to go over the SPX 5 Minute chart real quick.
We could get 1 more pop up tomorrow to get a wave [5] of v. It seems like we only have 4 waves in this contracting triange.

1196 and 1203 are the upside pivots while 1184 and 1173 are the downside pivots.

On the daily charts, the candlestick today is extremely beasrish. It is a gravestone doji.

We also have another gap up now that is probably going to get filled.