Posted by cwa82675 on 18th of Aug 2011 at 11:18 pm
thanks for posting the chart john. that is my preferred
count as well. If that count is correct, the highs we made
yesterday will be the 50% retracement of the abc after the 5 down
has completed. using that calculation we would bottom at
1060
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thanks for posting the chart
SPX Get Wave Count on Daily
Posted by cwa82675 on 18th of Aug 2011 at 11:18 pm
thanks for posting the chart john. that is my preferred count as well. If that count is correct, the highs we made yesterday will be the 50% retracement of the abc after the 5 down has completed. using that calculation we would bottom at 1060