Wednesday, July 20, 2011

Wednesday 7/20/11 Market Update

The labels for [i] have changed slightly, but nothing else has changed since yesterday's update. Wave [ii] is still quite small and should still be underway. It may be a flat, but this is not entirely clear.

An alternate count is a flat as shown above, but the expectation is for strength as a 3rd wave higher should be underway.

The trend is still higher in the longer term. New recovery highs are expected.
Check Spelling

blog comments powered by Disqus