Friday, May 31, 2013

5/31/13 - AM Update

Bulls are at a critical point here.

10 Min - 11:58 AM

The bears are ready to slam thru.

15 Min - 11:58 AM


This is the wave b triangle I mentioned in yesterday's EOD post. So be nimble and flexible. It can go either way here.

15 Min 


Possibly working on wave (b) of e for the tri. Its either a tri or not. Watch the lower TL. If it doesn't hold, a very bearish flush may come about.

10 Min