Monday, January 24, 2011

1/24/11 - EOD Update [4:47 PM Update]

[4:47 PM Update]

Here are some more internal counts to support the options on the main chart below (the one with the light green ascending trendline). This option here has wave 2 blue still in progress possibly forming a flat.

Here's the bear count.

All counts still look for a push higher to approximately 1295ish.

[1:57 PM Update]


Here's an update on the corrective count internals that would support the triangle option. The top on this chart would either represent subwave d among others. See below for the addtl options.

Vodavi in the chat room also presented an ED option we must be looking out for. I really like this option as well.


EOD Update



Here are the options on the chart above.

1. 4 ENDED 1/7 AND WORKING ON WAVES 1 AND 2 BLUE OF V
2. 4 ENDED 1/20
3. 4 MAY BE WORKING A TRIANGLE, LABELS IN RED
4. THE LOW ON 1/20 WAS JUST WAVE a GREEN OF a RED OF 4


This 5 min chart supports option 1 on the chart above.

I'll try to post the internal counts for the other options later tonight.