The fiscal cliff high was taken out with the opening gap and is now behind us. We now have a cliff low to work with.
Chart 1 updates the larger count, with the pending high as (blue) [i]-up of 3-up or C[up]
(red) A-up of (Y)-up
Chart 2 tracks the squiggles.
[935am] SPX update -
Larger count and squiggles.
