In response to Mkt Man: here is one tracking count on JNJ since its 2009 low.
[EOD] Stocks -
Sideways price action over the past three sessions raised the possibility of
[1] a fully extending impulse wave from the Nov 13th low on the bullish side (green count in both charts) OR
[2] a very weak EDT whose wave E is itself a terminal sideways triangle (red count in Chart 1 and blue outlines in Chart 2).
[815am] ES update -
