Profunds index and sector trading

[jrintl]

(If we do get that big down after some days sideways). On an ewave perspective, I would not understand this year's action- for the move from this year's top (so far) can not be considered impulsive (must be corrective) since the bottom of the 1 off the top got overlapped (I believe COMP/NDX too). So then the next most likely count would be (that we've started a 'C' down (to equal 'A' down) but that would run counter to highs in early/late summer, and would actually mean down into this summer, and then reversal to new highs (which totally would mess up my longer-term count).

Intc was a good report (I'd think). 28cents (1 above), and they raised the range on the top end (no bad news). At least that's what's I'm hearing so far...