Our 2330 $Compq target was canceled today as we went marginally below the 12/31/09 2270 low to 2269. We also finished an ABC down from 1/11/10- A start was 2326, A bottom on 1/12/10 was 2273, B top on 1/14/01 was 2323 which projects a 2270 target that was overshot by 1 point to 2269. Today's close was 2291 which ended an incomplete potential 5 wave move off the 2269 bottom with a target in the 2300 area. Tomorrow is 1/21/10, day 1 of the 4 day interval I wrote about on 1/18/10. The question is: was 2269 a significant low put in a day early? We should know in the next 4 or 5 trading days.

As for $Gold, we went below its 1115 presumed wave 4 low to 1107.5, close was 1111. An ABC down off the 1/11/10 high of 1162 targets the 1103 area.

$Usd's 78.45 high today matches its high set on 12/22/09 setting up a possible double top. If instead we stay above 76.6 and go higher then the 80.8 area is still the target.