Monday, April 26, 2010

4/26 3:20

The count for the DJI and XMI is different than for Nasdaq and S&P has changed.  Nasdaq count shows a completed a 3rd wave from last Tuesday's low.  All counts allow for more time to rally into the 4/29 anticipated high.  The DJI I expect to form an extended 5th wave off of last Thursday's low.
Here is the count for the Nasdaq Composite:
Expect strong support here for the next leg higher.

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