Thursday, May 29, 2014

5/29/14 - EOD Update

Ok. Looks like we finally got our move to the 1920 area and near the top of the trend line as I previously posted.

The question now is which count will be correct? I have three variations below.

Option 1a below has the ED continuing with the yellow count.

Option 1b has wave 5 blue working on it's ending. Wave 5 = 1 at 2086 and .618*1 at 2002.

Option 1a and b

Option 2
Option 2 has this bull run close to completion.

No one knows when this bull will end so I'd just keep an eye on the lower trend line of the ED. It is currently near the 1886 level.

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