Monday, August 16, 2010

8/16 10:30

SP futures came back up to 30-minute M/A in a 3-wave.  Futures have yet to display a 5 down to indicate the start of Minuette5.
Cash SPX has completed a 3-wave up as well but this counts within an ongoing 5 down.
So cash is in wave 5 and futures are in wave 4.

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