Wednesday, November 6, 2013

11/6/13 - AM Update

Oh ya. Forgot to mentioned that wave B red could just be done and wave C down is underway. Wave B has retraced A 90%.

The ED would look something like this.

5 Min - 7:57 AM

60 Min - 7:57 AM

There's that break higher. The ascending triangle option is out.

Now we must watch 1775. This is where the larger flat I presented on the chart a few days ago may complete wave B before a wave C down.

If not, wave v = i at 1805 on my daily chart.

5 Min - 6:53 AM

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