Thursday, October 14, 2010

Real Time Update (10/14/10)

[EOD] Click here for the EOD update.

[248pm] squiggle update(ES)-
Moment of truth. 7 waves down in ES from the (truncated?) high, let's see if it morphs into a 9.

[935am] count update(ES)- [943am] USD update (DX) -
Depending on where one labels iv in this chart, the current decline is either the initial impulse down from the top or the final leg of downward flat. One of the three cardinal rules of EWP comes handy in this case. See [720am] update for squiggles.
[720am] overnight update ( ES, DX, Euro)-

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