Monday, September 13, 2010

9/13 10:00

Anyway, I wanted to give EWI Short-Term Update credit.  They did call for another spike to finish off the wedge.  A diagonal has 3 upward 3-waves, so this one still looks incomplete to me but it has run into the trendline.  SPX has completed an ascending triangle breakout which furthers the case for final high being achieved.
I'll get downward confirmation of this leg at Dec SP futures 1111.  This will not prove final high, that is much lower.

1 comment:

  1. No SSO available to short at Ameritrade. A sure sign

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