Friday, April 1, 2011

4/1/11 - EOD Update

EOD Update

Daily Primary

The primary count is that wave (b) formerly labeled (x) (no real reason why I changed this just wanted to clean the chart up a bit) was put in today. I was looking for 1335 and the high for today was 1337.85. That's good enough.

See the alternate count in the 30 min chart below along with the last chart at the bottom.

30 Min - Primary

Notice the alternate has wave C of (b) working on wave 4 before heading to a new high and then completing wave (b).

3 Min

Working on wave 4 of 3. Alternate is that a double zigzag is in progress with wave b of y working into the close.

Daily Bollinger Band

Nearly at the top of the BB and a shooting star for the day. It requires confirmation but is a good start to signaling the end of (b).

Impulse Option

This is the impulse option off the bottom. Will have to watch this one.
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