S&P 500 ~ Intraday Update 3 ~ 25 August 2010

Edit at 2.38 pm: SPX at 1055 now, let's see what happens

Possible target for wave iv:

At 1055-56 there is the 38 % retracement level of wave iii and [A] equals [C]:

It also alternates with wave ii = > wave ii was a flat, wave iv a zigzag.