Public Post: EW count update

12:30 c.s.t. update:  Either (i) of [v] of 3 is complete or (b) of [iv] of 3.  Watch the 1313-15 pivot area.  If it holds, then we should see a nice impulse up, otherwise watch the orange channel mid line as a target for (c) of [iv].

 

Once again, I believe near term downside is very limited.  I posted this chart yesterday for my subscribers along with the Buy/Sell signals for the 10 indexes I follow:

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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