Monday, April 15, 2013

4/15/13 - EOD Update

Looks like the bears finally showed up. Showing daily -ve divergence as well.

Last week I was watching the potential for the extension, this sell off may be a little too steep for wave [8] so there is a good chance the top is in for this wave structure since the Nov 2012 low.

However, should wave [8] remain above the wave [6] low, there may still be room for one more move higher.

60 Min
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