POWER DATA ONE WEEK AHEAD - Provides an 80% Correlation to the SPX
Sunday, August 15, 2010
Elliott wave Graph from Columbia
The above Chart from Columbia shows that Monday SHOULD close lower
How much lower, you ask? good question all we can do is look at fibo possibilities
Spx 1128 - 1080 = 48pts
spx 1080 - 48 pts = 1032 possibly
possible Projections That should complete wave 1 wave 2 should finish on Tuesday and or wed AM Wave 3 next can break into 5 waves of its own ending on the 24th, or 25th Wve 4 next 3 days Wv5 end on spt 1st.