No changes for the Alphahorn Swing System. The RUT and Energy remain on Sell/Short Signals, the Financials are on a sell/short alert needing a close below XLF $22.47 to confirm.  (THERE WILL NOT BE A POST STATING THE TRADE UNLESS IT IS TAKEN EARLY IN THE TRADING DAY). The Nasdaq short trade is for now a hedge against the System which has not confirmed the trade.  I’m showing a good number of charts today that I believe paint a fairly clear picture of what to expect over the immediate and intermediate terms.

I haven’t shown the NYMO chart in some time, as it hasn’t had much to say.  But it does now.  This might be a bit convoluted for most, but for those who have been following this chart with me, note the 3 NYMO small charts near the bottom, each has its unique set of barriers.  The top barrier is the key that unlocks the reading of the NYMO.  The BB barrier alone often creates false positive, or false buy signals.  The lower two NYMOs have barrier breaches, closes below the lower barrier.  However, the upper NYMO still hasn’t breached its lower barrier.  With the NYMO resting just above -50, I’m looking for more downside for the NYMO, a close below -50 that will generate a 3 barrier breach.  Once this has occurred, we should have the impetus for final leg up to complete primary wave [3].
The 30 min chart below shows the possible wave counts.  I believe the 2 favorites are the count in the white (or) windows with a target for minor wave 4 at the lower channel line; and, the more bullish immediate term option that an impulsive wave iii is about to take the SPX to new highs (obviously in this case the NYMO BB signal would not be a false positive).
Below are my wave counts for the Russell and the Nasdaq.  I have both indexes completing an intermediate wave (3) of primary wave [3].  The intermediate wave (4) target is the low for the wave 4s of lesser degree.

RUT:
Nasdaq:
And, finally I’d like to share my GOLD count.  I don’t know another wave count that has this count.  Most believe what I have labelled as primary wave [3] is the top of primary wave [5] and thus a Cycle wave high.  I’m looking for a double top in the coming months to complete the cycle.