Friday, July 2, 2010
Here's an update to my bull option that I posted yesterday with an alternate count (in gray) as well. The primary count on this chart shows that minuette (a) of [y] is nearing completion and a bounce to (b) should occur before dropping one last time in wave (c) to complete Minor B down.
The alternate in gray shows that Minor B may be complete. Not too sure about this one but this may go with the possible daily MACD divergence that has a potential to develop if the market rallies.