Thursday, October 7, 2010

Real Time Update (10/7/10)

[EOD update] Click here for the EOD update.

[347pm & 358pm] SPX squiggles -
First respectable five-up (with the proposed [3] slightly truncated which is less ideal). Let's see if it morphs into a double zigzag or not. See the [205pm] entry for the larger count in ES.
[205pm] SPX / ES update -
[1026am] SPX / ES update -
A five down in both SPX and ES from the top. Squiggles shows a top or a flat.

[908am] ES update -

[745am] Overnight stocks (futures) -
Three near term views of the market, divergence or bullish setup?

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