RE: [RT] sp500 whats next

[Dan Harels <harelsdb@xxxxxxxxxxx>]

Would someone post an Eliott Wave count for the SP500 from the beginning of the big decline in October 2007.  By my count, we are in the midst of some kind of complex wave 4 with a wave 5 yet to come.  I just want to see how others view it.
 
Thanks,
 
Dan

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To: trend.hunter@xxxxxxxxx; TimeandCycles@xxxxxxxxxxxxxxx
CC: realtraders@xxxxxxxxxxxxxxx
From: profitok@xxxxxxxxxxxxx
Date: Wed, 9 Apr 2008 19:22:54 -0400
Subject: [RT] sp500 whats next

Attach is a gif of the market barometer  on the bottom left chart,

 

the top left is the sp500,

 

As you can see when we went to a higher hi ,market barometer showed a bearish divergence,

 

More important right now its current reading is LOWER then the reading on 3/28

 

this suggests that  the pop we have  tomorrow is going to be short lived,

and strength should be sold!!

Ben

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