Sunday, March 25, 2012

Weekend Thoughts [Sunday 4:20 PM]

[Sunday 4:20 PM]
ES so far has played out the H/S top. Currently it is backtesting the neckline.

Will it fail here or overcome it as suggested in the above wave count?

Once again Dr Copper may be showing the way. Lets see if the triangle is now complete.

Weekend Thoughts

I haven't posted this one in a while. For those who do not believe in the long term bullish count option, this is a corrective option to consider should the market continue higher and challenge the all time high.

The 3-push pattern would be consistent with the corrective count option as well as the bullish count option.
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