Tuesday, April 23, 2013

4/23/13 - EOD Update

The bear count does not quite have an impulsive start down so we should pay attention to the bull option.

30 Min Bear

60 Min Bull

The bulls are working towards completing wave i of 5 if its not already complete. The bulls also rallied the market back over the 20 day SMA after bouncing off the 50 day SMA late last week.