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Strategies & Market Trends : Humble1 and Swing Trading Friends
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From: humble19/10/2012 5:58:29 AM
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Equi-Temporal waves into 10/9/12 (+/-1)?

First, I caution that I have seen many convincing worksheets become complete busts! Market action must confirm and, still, Ms. Market is a very clever gal.

That said, I ask you to look at the upwave from 11/25/11 -> 4/2/12. That wave took 129 c-days. 6/4/12 + 129 c-days ends on 10/11/12, a Monday. Keep in mind that 4/2/12 was a Monday and that we are talking calendar days, so the actual time high could have been one or two days earlier. Plus 2012 was a leap year and thus the 129 has a leap day included.

Taking all that into account, 10/9/12 (+/-1) could be a direct hit. As to e-wave count(s), there are several which would work very well using the 11/25/11 low at SPX 1159 as a key turn toward an "ABC" drive to a high OR equitemporal waves 3 and 5.

Here's the chart:

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