Quote from mu200411:
The second alternative is a Cycle Wave V)IV running correction. Primary Wave V)IVc] may ended around Dow 10K. This alternative will be invalidate when Dow rises above 14,121.04 or drops below 7,181.47.
The third alternative count is the most bearish. Cycle Wave V)IV is an irregular correction which should end below 7,181.47. This count will be invalidate when Dow rises above 14,121.04 or drops below 1,001.11, or Cycle Wave V)IV ends much above 7,181.47.
Quote from ed:
Mup,
Could we then have counted too fast? ED iv could still be in the works?
SPX 30min
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