Thursday, February 4, 2016

2/4/16 - EOD Update

Still too many corrective options. I can't label them all so I'll just stick to my primary.

Wave (iii of -y should be up tomorrow. A move below 1870 moves the odds towards wave {v down to at least 1812 or more.

The caveat to that tho is that I don't like the wave structure down from 2/1. It counts better as a corrective move. I won't discuss that option unless 1870 is taken out.

15 Min 

Wednesday, February 3, 2016

2/3/16 - EOD Update

What a wild ride today. Unfortunately I bought my wave [b dip too soon and had to take some pain but stuck thru the trade for the time being. I'll see what the next two sessions bring. If we see a decent rally tomorrow, I'll take the trade off.

The bears gave up their chance of forming an impulsive wave down off the 1946 high from last week. Therefore, there is a better chance that we may be seeing wave -y up.

We shall see if the gap at 1950 will be filled.

15 Min 
The red alt on the 15 min above is courtesy of vodavi.
60 Min