On the wigglier front, MC, as it impacts the bigger count...
stockcharts.com[h,a]eaclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J6471081,Y]&pref=G
NDX has overlapped any proposed wave 1 up from the last lows. Sooooo, either this is the start of the bigger C down I was talking about, or it's possibly just a ii of 3 up. While it's possible that the real "low" was on the 25th with a failed v down... then you'd also have a failed v on the way up. How likely is that?
the SPX doesn't have the same issues (there was a low on the 25th and there was a final high on the 30th), but the bulls, again, would be far better off with some rallying here. |
