Wednesday, July 31, 2013

7/30/13 - EOD Update

The market continues to chop around here.

The blue option is certainly in play and one of the better options at the moment.

However, purple is a very strong contender and I made a slight adjustment to this scenario. If we see some more chop tomorrow, it is quite possible wave b of a larger wave 4 flat is still in progress.

Note to much hope with green here short term, however, purple is the alternate for the green count.

60 Min 

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