Monday, November 18, 2013

11/18/13 - EOD Update

Earlier in the day I tweeted the potential for a triangle up top today and forgot to mention the potential flat. So far that looks like a great possibility as highlighted on the 1 min .


1 Min 
Hard to call the first leg off the top there as an impulse. It's a pretty clear looking three wave structure. Makes for a nice w-x-y corrective so far with wave y = 2x wave w.
15 Min

A possible wave {4} pullback. The question is what degree of wave (3).

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