10/14 Daily Commentary

Back home.  I was half-blind analyzing these markets on the road.  Even working on my laptop I'm only 70%.  My tools and facilities are here. 
DJI challenged critical support and rebounded.  I did not go short on the 30-minute M/A break because critical support was directly underneath.

SPX closed at 1174, bang on the wave (iv) resistance posted yesterday.  Nasdaq Comp closed at 2435, within 1 point of it's wave (iv).  NDX closed down thus respecting the April high close.
I count the move up from critical support as a completed 3 wave.
I shorted 1% SP futures at 1175.50 with a stop to be determined.
I count the dollar index as a completed 5 wave from 78.17 high.  Taking the count back to confirm larger degree.
Still short crude.
I'll be posting a silver analysis tomorrow.  Today silver technical composite stayed at -16 where it's been for the past 4 days.  When it hits -17 I'll short it.