Tuesday, December 28, 2010

12/28/10 - EOD Update

EOD Update

I'll try to post more things later. This is all I have for now.

Are we there yet? Perhaps since the structure may count complete, but I still have this labeled as micro 1 of subminuette v. What would be the beginning of micro 3 started today as well but what I don't like is the choppiness of the structure, which is not characteristic of a wave 3.

Notice where the inverted head and shoulders pattern targets, right at the top of the channel. That also lines up with the top of the daily Bollinger Bands.

Wave 5 extension still in play.

Subminuette iv flat still in play.

The ending diagonal is still in play.
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