Tuesday, October 29, 2013

10/29/13 - EOD Update

No real change since last Friday. I'm still tracking the 13 wave extension on the daily chart below. The market is slowly melting up trying to complete wave v (black) of 5 (blue) of wave 13 (red).

The 15 min shows some Fib extension targets for wave v as it relates to wave i. Some thing to note is the 15 and 60 min -ve divergence so we'll see.

15 Min 

Daily

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