Sunday, November 27, 2011

Friday 11/25/11 Market Update

The count remains unchanged since the last update. A downward impulse since the October high should be underway but winding down.

The October rally strongly resembles a corrective "three". A total retracement of this wave is expected.

In the longer term, a zigzag higher since March 2009 looks complete with an impulse lower following.

blog comments powered by Disqus