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It's also possible an A wave is in progress from the May 8th top This would be part of a wave 4 correction(wave 3 top instead of wave 5). If so, wave A may complete by early next week.
Friday, May 15, 2009
S&P 500 Alternate Count
I am looking at a possible alternative count for the S&P 500. This would put the wave 1 or wave A high at the May 8th top. It would probably be weeks or maybe months before any final high is made as the wave structures complete.
It's also possible an A wave is in progress from the May 8th top This would be part of a wave 4 correction(wave 3 top instead of wave 5). If so, wave A may complete by early next week.
It's also possible an A wave is in progress from the May 8th top This would be part of a wave 4 correction(wave 3 top instead of wave 5). If so, wave A may complete by early next week.
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