Updated Count - Aug 19
Updated Count - Still Seems Corrective To Me - Aug 18
Market Update - Equities and US Dollar - Aug 17
Some More Wave A Thoughts - Aug 13
To reiterate my "quirky" counting philosophy for the major indices: one of my counting philosophies is to have the same count for SPX, INDU, NDX, COMPQ, and RUT. My logic goes like this: These indices are cross-sections of the US economy. They all contain Health Care, Financials, Consumer Services, Energy, Tech, etc. So (IMO) the *best* count is the one that works for all of them. Sometimes you are not able to make them count the same. But usually you can (e.g. If you have a valid 1-2-3-4 on the SPX, but 4 goes into 1 on the COMPQ, the "better" count will usually end up being a 1-2, 1-2 for both indices).
The count shown below works on all 5 indices.
