SHARP as a Knife~~

Hope you all enjoyed my venting earlier.. maybe not so lets get to the heart of it all... Could we have started Wave #3... Yes, and No... We would really need to break 1040-1032 on S&P to be in 3, But we are actually sitting on resistance right now... E-mini's broke that earlier.. but thats not the S&P...I am still looking for falling action to happen till the1055 and  1044 area.. that is another resistance area on my list... that is the 61.8% hit.. So, that leads me to my 2nd Scenerio... could be be in a "B" wave of the C that we just thought we finished... we have to break 1054.99(1055 above) and that is around the 50% level of this fall... we have to break it.. or we could rally, now the rally could be in two forms.. thats the "Real Problem right now", we could be going back up for wave 2 in a Minute to Minor degree wave 2 of 3 or.. on friday.. we did a series of high,low high low right before the close.. I have a count that that is a possible wave B of 2, in bear mkts B's tend to fall below the origin of A., Just the opposite in Bull market's.. remember my upside down chart.???  OK, so.. that could be a sign that wave C of 2 or an extention of Wave 3 right now is about to happenin the $SPX.. OK.. so that rally could be just 5pts... to the upside usually 23-38% retrace then the market will gap again lower.. that will be the start of 3 of 3 of just wave 1 of Minor or Intermediate wave 3 at that point... I have not had time to make an accurate count and my updated EWT does not give me a super count either.. nor does McH.. They must of all been worn out on Fri. their updates are horable considering where we could be right now.. McH.. is the only one now that I am reading his $SPX update that has my B scenerio going to 950... personally never thought of it going that low.. I will have to research that.. Had a terrible storm rip thru earlier after I posted my hot air.. so I am just reading as I am typing and thinking... sorry.. I rely on my own gut but its nice to have Pro's on your side. So, he is saying the same thing I am just at a larger degree.. You see I still think its at my degree we need to worrie about with the B wave theory well, for right now... but remember B could turn into 2 of 3.. OK, so right now.. unless this thing just Plunges... we know we have some areas of resistance to deal with.. I am sure that most of you have other sites that confirm most of what I have typed.. Just remember... thanks for stopping by.. good luck will try to update thru comments section tomorrow. But I am back on my old schedule this week... so updates will be in the morning or late evening... later >L