Monday, May 12, 2014

5/12/14 - AM Update

[12:16 PM] - Just .4 shy of my 1897 target. We'll see if that is all she wrote for wave -i of c of iii of the ED (yellow daily chart).

12:16 PM 


[11:07 AM] - Looks like wave 1 of c of iii of the ED may be coming to and end. There is a tri up here. Thinking this targets 1897.

11:07 AM



[10:43 AM] - If wave d finds resistance at 1897, we'll look for a wave e target below.

10:43 AM



[TNX] - Lets see if TNX is hinting at the same thing.

TNX


[10:15 AM] - Something else to look out for is a larger ascending triangle.

I have it in green on the 1st daily chart below.


10:15 AM

10:15 AM


[6:44 AM] - There's our wave iii of c. Lets see if the market can finally break thru the upper purple trend line.


6:44 AM

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