Monday, January 14, 2013

Charts 01-14: One more pop to a top?

Today's tape kept in line with the E-D count here.  The subwaves count in 3s, and wave 3 is longer than wave 1, so we could finish on a seemingly strong 5th wave move (+14 handles SPX) to a top.  Wave (i) was 13 pts, comparable to what I am expecting (ha!  guessing!) for tomorrow.

SPX 01-14
to the victors go the spoils!

Retail sales in the morning.  Hope we can all be like T.

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