Wednesday, September 25, 2013

9/25/12 - EOD Update

The bears may be setting up the next leg down here. The top two bearish options are:

1. A wave {iii} black begins down tomorrow or one more push for wave (e) of c of the combination corrective I have highlighted in red.

I have one potential options for the bulls but that will depend on whether the market continues to chop lower in a falling wedge fashion. I'll post an AM update tomorrow if that begins to take shape.


10 Min