Tuesday, August 18, 2009

the bullish count - review

Although the bullish count with one last down wave tomorrow to 96x is still possible I changed it a little bit because it fits better with the Dollar. I relabeled blue B to green [w] (as I mentioned as a possibility in yesterday's chart). This implicates that today's rally was wave [x] and the next decline down to 930-950 should be a wave [y] to conclude blue B. After that C should start to around 1040 to complete this Primary wave.