CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski	6/18/2008 8:48:10 AM
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On 10 - 60 min charts it looks like SPX is trying to accelerate into the 5th wave down - counting from the May 19 top. Will be interesting to see whether June 12 low holds. If not, it will become more likely that we are seeing a "fresh" impulse from May 19. The presumed 1st and 3rd since the May top are approximately equal, with the 3rd being maybe a little longer. 3+5 would be 162% of 1 at SPY 129.85. Q's are dancing to a different tune, but so far R near 49 held.

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