Replies to post #46712 on Short Term Trading Member Forum

[techcharter]

OddLot, You Should Be In...

Gold and SPX have independent E-wave counts. Gold is now in a long term corrective move according to E-wave count. This correction is on the same scale as the 12-13 year rally, so a 1 to 5 year correction is possible.

Here is a pretty good idea where the SPX is going:

http://www.safehaven.com/article/24669/weekly-analysis

The only thing in long term rally mode is the boring dollar.