TSX update

tsx apr 10 2012

The possibility of a simple a-b-c correction is becoming less and less probable. We have done about 700 points down so far, about 1/2 of the recent rebound. For the TSX 1000 points is rather common. Should this happen again we could have a day or two of sideways movement and then a 5th wave to complete wave 1 of 3 of C. Time will tell.