The market remains in the descending channel and with the wave iv throw-over out of the upper channel, we may see a wave v throw-under below the lower channel.
I have added the purple option. Something to be aware of.
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| 60 Min |
Monday, August 26, 2013
8/26/13 - EOD Update
The red option still looks to be on track. The market broke down out of the rising wedge.
The market remains in the descending channel and with the wave iv throw-over out of the upper channel, we may see a wave v throw-under below the lower channel.
I have added the purple option. Something to be aware of.
The market remains in the descending channel and with the wave iv throw-over out of the upper channel, we may see a wave v throw-under below the lower channel.
I have added the purple option. Something to be aware of.
