Monday, November 3, 2014

SPX & DOW Alternate Bullish Counts and Levels

P = Primary wave
M = Major wave (Five Major moves = one Primary wave)
i = intermediate waves (Five intermediate waves =  one Major wave)
m = minor wave ( five minor waves = one intermediate wave)

DJI  Weekly EW count

DJI Daily EW Count for minor waves 1-5. 2nd chart in the above link 17490-17580 is a crucial level...Wave pattern at those levels will determine if the move from 1820 to 2018 (currently) 
will be an abc of B wave or a 5 wave of Major 5.

SPX Primary 3 Resistance levels. 

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