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Strategies & Market Trends : Classic TA Workplace

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From: Henry J Costanzo4/24/2005 6:27:38 PM
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SPX,,,,,,,,FWIW....Trying a new EW count:

Would have us now in (iv) up, of 3 down, of c down, off the beginning of the year high....

Implies a (v) move down shortly. to complete the 3 down, then to be followed by the final 4 up and 5 down.......to complete the correction from the early year high.

I have 2 possible, TA based, targets for the low: the Oct low at 1090.19, and the Aug low at 1060.72...

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