Monday, October 10, 2011

Monday 10/10/11 Market Update

The market continued higher today and in a strong manner. The view and count have not changed since the last update.

The count above suggests additional upside continuing this week before an impulse that began Thursday last week completes.

A flat underway as described above is still the preferred view.

The trend remains down in the longer term. There was likely a zigzag from March 2009-May 2011.

blog comments powered by Disqus