Wednesday, December 11, 2013

12/11/13 - EOD Update

Not too much faith on the red count specifically because wave i just does not look right. The purple is the better count and would fit in with a larger flat for wave (iv) on the daily count.

The market is coming up on the lower end of the range again. We'll see if there are any bulls left to step in.

Should the red count prove to be correct, it is very likely a bounce is in store that would trap the bulls. We shall see.

5 Min 

Daily

15 Min - Range

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