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Re: None

Monday, 10/04/2010 2:41:29 PM

Monday, October 04, 2010 2:41:29 PM

Post# of 51804
SPX triangle and ending diagonal.

This morning's selloff looks good for the completion of wave 4 of an ending diagonal. The mid day action has not moved off the lows convincingly. I would have liked to see a sharp bottom instead of the dull sideways movement. If the SPX falls below the 1123 level, I would favor a multiweek e-wave count to the downside.

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