Wednesday, June 26, 2013

6/26/13 - EOD Update

The bulls had some unfinished business.

I got rid of the gold triangle option. I still don't like the squiggle count too much but this is what I've come up with.

The market is at 50% retrace since the drop from 6/18. We should see shortly whether these are five waves completed for wave c of B or 1 of green.

The 20 day SMA at 1622 could be a bull target.
15 Min 

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