The "chart of the day" panel at the top is working again. I was able to open my saved grids on ToS so all of them are back. However, I have made some changes to the charts that will display up there. The new line up is listed at the top of the panel.
I was expecting Friday to be a decent down day because of the action we had on Thursday. Since we did not get that down move I was looking for, I have made some changes to the count. The ending diagonal is in play again, and it looks more "cleaner" than it did before.
We could have another thrust up coming inside this contracting diagonal for wave v. As I mentioned, the down moves have yet to show a good impulse.
I still don't believe that we are in an overall uptrend, the wave structures still look very messy to be counted as an impulse up. They fit better as a correction.
The key pivots for tomorrow are 1150 and 1134. A break of one of these will set the direction. If we do break 1150, watch for 1157 and 1162 to the upside.
Sunday, October 3, 2010
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