I Still Love This Count into the Hurst 10 week lows.

A market lurching in both directions is indicative of a flat trading range.

Since there was no follow through to last weeks strong rally, I'm leaning towards the May decline wave G scenario. Any panicky lows into May 16-May 23 would complete a symmetrical neowave structure.

Rally off March 16, 2011 now equal in TIME to rally off July 1, 2010 which may show short term change in trend.

The all clear go short signal for me will be any trading below the April 19 lows of 1304 which is a break of the 78.6% retrace.