Friday, May 3, 2013

5/3/13- EOD Update

60 Min 
It was a good day for the bulls. Going into the weekend, I'm watching three options:

Black :  Wave iii of 5 should wrap up early Monday, consolidate a teeny bit for iv before one final push up to complete v of 5 near the top of the TL.

Blue:  Wave v blue may wrap up early Monday to complete all of wave 5 black.

Red: Wave 5 of {c} of b may wrap up early Monday.

Based on all three options, a pullback should be imminent.
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