Tuesday, August 3, 2010

Market Timing Update (8/3/10 Close)

[4PM Stocks] The preferred count is the green labeled count in Chart 1 - the grey labeled count is present in case we have topped :).

Following the assumption of an ending diagonal, wave a-up of (e)-up of [c]-up of 2-up has ended either yesterday or today. Wave b-is currently in progress as indicated in the form of either a triangle or a potential double three.
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