Don't want to throw a fly into the ointment here, but what do you think of this count? (Stole it from a comments section on another site) Looks possible to me. It's basically going back to your original count and counting the recent move up as a 4th wave, with the move down that began yesterday after the close as the 5th wave. Here's a screen shot:
.bmp)
Counting out the last motive down, I think we need one more drop to the SPX 1072 or even 1065 fib.
ReplyDelete-shabs
Don't want to throw a fly into the ointment here, but what do you think of this count? (Stole it from a comments section on another site) Looks possible to me. It's basically going back to your original count and counting the recent move up as a 4th wave, with the move down that began yesterday after the close as the 5th wave. Here's a screen shot:
ReplyDeletehttp://www.screencast.com/users/doctor_jr/folders/Jing/media/39e2bb9d-2dc1-45ca-9853-4f89b1c44769