Here's a alternative count not too popular right now.... Whichever count, the very short term direction over the next day or two still favors the upside, so, does it matter? SPX 61min
ed i like that count too dollar rally? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2628191">
Thanks PaulRon! Thanks ammo! Glad to know that our old friend is still popping in once a while. Posts or not, just want to know if he's well...
The issue with your count lies within the structure of "1" off the 680 low. I believe this to be the only viable bullish count off the lows (maybe another obscure count is also viable) but if you could deconstruct your wave structure off the 680 low and show that count I would appreciate it. The reason I don't like the bullish count is that it's disproportionate. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2627732">