Wednesday, July 21, 2010

7/21 3:30

The count is currently an ABC from this morning's high.  This is on top of what I count as a 5-wave advance from yesterday's low.  The critical support is 10,040.  Breaking this will allow me to short this market.  I1 tops today but it barely budges tomorrow.  The day following is when it starts it's acceleration.  That gives me a day to work out the count or break the support.  I wish all bureaucrats would keep their mouths shut.  I makes my job harder.

2 comments:

  1. I've enjoyed going through your site - as another software engineer, I'm inclined towards your approach.

    Is there somewhere on the site where you publish the I1 value (projection)? And, how often do you update it, either for your own use or for trading? Thanks!
    Mark

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  2. Hi Mark, Welcome. Here is your I1:
    20100712 28.78697
    20100713 30.21966
    20100714 31.80805
    20100715 33.66239
    20100716 35.20112
    20100719 36.13145
    20100720 36.27178
    20100721 36.41742
    20100722 36.30637
    20100723 34.96335
    20100726 33.57488
    20100727 32.35731
    20100728 31.96437
    20100729 31.80197
    20100730 31.94768
    20100802 33.12613
    20100803 34.77583
    20100804 36.69522
    20100805 38.74793
    20100806 40.58552
    20100809 42.17691
    20100810 43.32631
    20100811 44.65306
    20100812 45.70546
    20100813 46.2804
    20100816 45.8179
    20100817 44.81092
    20100818 44.02602
    20100819 41.4094
    20100820 38.54031
    20100823 35.95889
    20100824 33.82167
    20100825 31.94079
    20100826 29.52879
    20100827 27.68586
    20100830 26.7774
    20100831 25.81199
    20100901 25.28408
    20100902 25.06659
    20100903 25.51281
    20100906 26.69725
    20100907 27.91625
    20100908 29.58433
    20100909 31.06375
    20100910 32.49334
    20100913 32.15619
    20100914 31.46442
    20100915 29.76997
    20100916 27.14117
    20100917 24.71507
    20100920 22.96243
    20100921 22.29074
    20100922 21.8606
    20100923 21.19671
    20100924 21.17547
    20100927 20.82228
    20100928 20.55654
    20100929 19.79494
    20100930 18.6971

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