Charts ,in real time and EOD, using Elliot waves and Fibonacci.
Monday, October 24, 2011
SPY EOD EW count and perspective for tomorrow.
As posted today, the first count was the correct and,maybe, wave 4 of 5 of b is in place, from last week as shown in the chart above.
We have label wave 5 of b and, maybe, is in place today or, as soon as tomorrow. Check out the chart below.
Wave c,down, will start soon. Only price action will tell us.