Tuesday, March 4, 2014

3/4/14 - AM Update

[12:34 PM] Five waves up looks good.

12:34 PM

[11:04 AM] Looking good that wave iv has begun. Will plop a v? at the top as a potential as well if selling accelerates.

11:04 AM

[7:00 AM] We'll see if the bulls consolidate up here to form a wave iv.

7:00 AM- 5 Min 

[6:49 AM] As I posted last night, I was expecting a sharp bounce for a wave iii or c. The bears failed to reject this move at 78% and I also warned that the bullish 60 min alternate would be coming into play.

The target for (5) may just be another tag of the upper channel.

6:49 AM -60 Min 

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