Wednesday, October 23, 2013

10/23/13 - EOD Update

The intraday triangle I was tracking failed. I tweeted that the best bear case would be a double zigzag. The next best alternate is a nested 1-2 down (red label).

The 60 min below presents a case for a wave 4 in the works here so the bears should be cautious if a flush doesn't come.

15 Min 

60 Min 

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