Chart Update

Both counts are still alive.  It can either be an ending diagonal for minor wave 4 and off to new highs for the major indexes.  Or, it can be a leading diagonal for the first leg down.   For now, the System continues to be the smartest guy in the room, long all the indexes, and precious metals but short real estate.  It even amazes me at times.30 spx

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.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply