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Wednesday, April 16, 2014

4/16/14 - AM Update

[11:45 AM] - 5 Min update.

11:45 AM


[9:54 AM] - The primary bear count.

9:54 AM

[7:45 AM] - Been a little swamped at work lately. Best count at the moment. I don't have the nested 1-2 i-ii down for the bears but the bulls need to defend the green horizontal line.

7:45 AM

Monday, April 14, 2014

4/14/14 - AM Update

[10:23 AM] I see five potential waves up. Does it complete wave {c} or just a smaller degree wave 1 or a?

10:23 AM

Friday, April 11, 2014

4/11/14 - AM Update

[10:47 AM] - We'll see if wave {c} up is underway on a triple bottom.

10:47 AM


[9:27 AM] - The squiggles are tough to count so here is my best guess. I must admit I added a small short position near the day's high though.


9:27 AM

Thursday, April 10, 2014

4/10/14 - EOD Update

If the bulls don't step in here, the market is setting up for a move to the lower green TL near 1800 or the 200 day SMA (1760). A bearish H/S is also forming.

I thought we would see more of a bounce into the close but it looks like it may have been sold already. We'll see.
60 Min 


Daily


4/10/14 - AM Update

[11:59 AM] - Let's see if this is a running flat.

11:59 AM


[11:36 AM] H/S target:

11:36 AM


[9:12 AM] - An update on the potential larger wave 4 running flat should the bears break lower.

9:12 AM


[8:00 AM] The bulls need to defend the wave [a] high if they want to print five waves up. Otherwise, the bears have at least one more leg lower in em.


8:00 AM