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Mr.Market likes to confuse people and discredits expert :eek: . Today there may something like an Evening Star pattern :) . Tomorrow another buy signal :D . Then a fall to a lower low, just to bounce back to new high :mad: . A new "Rule of Alteration", between BULL Trap and BEAR Trap :cool: .

We have been following this correction since May 11, 2010, and keep looking for another lower low, it may be time to call if off. This correction is bigger than the previous two, namely Wave 2) and Wave 4), so it can be safely labeled as Wave 2]. Only one objection is "the rule of...

That fateful level, SPX 1111 :cool: . Wave .1-.2-.3-.4-.5 versus Wave .1-.2-.3:1-.3:2-.3:3 :confused: . The Market will answer today :D .

The Market is stronger than expected as my primary count expected :cool: . If the rise does not end below SPX 1111, DJI may go UP to 16,000 as Wave V]V)3] :D . Note the fractals :) . If NASDAQ falls from below SPX 1111, it may go DOWN to 1700 as a sHs :eek: . If not, Wave 2]c) may end at SPX...

Back away from resistances :eek: .

Small "m" followed by big "M", target SPX 1040 again :) . There may be also "sHs" pattern, target SPX 1020 :D .

Oops!!!! :eek: SPX-25, INDU-200, NASDAQ-55 :D . Confirmation of the Hangman and the failed Evening Doji Star :cool: . Or Mr.Market may play tricks again :mad: .

The missing TRAN and UTIL Chart :( .

Oops!!! :eek: . So we got our Evening Doji Stars :) :D :) .

TRAN and UTIL are also at resistance level :) . SPX, INDU and NASDAQ form Doji at resistances levels :D . Will these turn into Evening Doji Star :confused: .

Indices stall at resistance moving averages, trendlines or levels :eek: . Expect a Hangman, Doji, Evening Star, or Dark cloud Cover today :confused: .

The indices are breaking over multiple resistances :) . We may be in Wave 3] now :D . The volume is decreasing :eek: . If the indices fail to clear resistance trend line and DMAs (50 for SPX, 200 for INDU), they may fall :confused: .

Shooting star near resistance level.

Fractal wave confirmed. End of Wave 2]c)c or 2]c)c.3 :confused: . The red line at SPX 1040 became resistance.

Hammer at 61.8% c:a :) . Wave 2]c) might have end with a Bear Trap :D . Or there may be another DOWN move to SPX 960 :confused: .

Our sHs finally materialized :) . Alternate Bear-Bull Trap :eek: . Note fractal patterns. Will the green be completed :confused:? MACD cut trigger line. RSI to fall below 30% line soon. Sentiment more bearish.

Oops! :eek: . SPX -28 :) . Three move waves to go to SPX 1040 - 1030 :D .

Five waves DOWN and a triangle. Next should be DOWN to SPX 1040 - 1030. Sentiment has changed direction to DOWN.

Thanks elovemer, mu. Wave five DOWN extended :eek: . Friday's rebound may be a 3 or a 5 :confused: . There should be another 5-waves DOWN from between SPX 1090 and 1110, to between SPX 1040 - 1030 :) . That same old magic number :D .

Five waves DOWN :) . There may be a rebound to wave four at 1100 :D . But the sentiment has changed. And many indicators turn bearish. There may be a lower low than 1040 :eek: .