Monday, April 8, 2013

4/8/13

15 Min 
The bears failed once again to create a larger degree five wave move down with the 4-1 overlap. Their only other option now is the nested 1-2 down.

The next best bear option is in blue with a double zigzag down. This will replace red if wave (ii) retraces beyond (i).

Da bull option in black.