Monday, July 21, 2008

S&P Futures 1 Hour Chart

And finally, I’ve posted the S&P futures hourly chart. Here you can see my wave count up close for this rally. I have it labeled as an a-b-c correction in wave iv. Once this bear market rally is complete, probably early Monday and under 1280, the market will fall in wave v of 1 to a new low beneath 1200.

No comments: