Thursday, October 28, 2010

S&P 500 ~ Intraday Update 1 ~ 28 October 2010

So far, everything goes according to plan:

As I said there are many possibilities how wave [c]/[y] could unfold. These are just two scenarios. At the moment I tend to the triangle count (wave [y]) but a break of 1172 will likely send the market lower to 1160ish.