$SPX: EW count "big picture" because some readers can be confused.

On March 28, we post the chart (below) and there you can see some waves 3s and 4s. The wave 4 we have being counting, till today morning was the "green" one and that's now "in place" and now, we continue the count of the "purple" wave 3. When "purple" wave 3 will be in place,more or less at 1,446, we will start the count of "purple" wave 4 with a target of 1,275.

Wednesday, March 28, 2012

$SPX: 1 year daily chart. EW count and forecast.

$SPX: EW count relabel. Wave 3 of C,up, continues in play

Target area: 1,446, more or less.

$SPX: 2 min chart EW count and forecast, updated.

Wave b is in place and wave c of b in play with a probable target of 1,416, more or less.

Friday, March 30, 2012

$SPX: 2 min chart EW count and forecast.