SPX Wave Count 27 Jan 2012

Daily Wave Count 1 Dec 11

Developing a Market Map - Part III Continued

Continuing with TIME .... a series of different calculations leads to the attached chart on the weekly cash S&P500. The blue ellipses indicate the preferred "first guess" times for highs and lows. If we are interested in 2008 as the "C" wave low, then the two preferred times are around June and then again at the end of the year.

Note also that an intermediate term low is expected this year and the intervening high in Spring 2008.