Tuesday, May 6, 2014

5/6/14 - EOD Update

May have to keep an eye on the red count. I'm not sure if the ending diagonal (blue count) is still playing out since the market broke down through the wedge.

There is a case for a wave iv throw under but I'm not so sure. I think a lil edge goes to the red count. So far it looks pretty clear that there are three waves down for wave a (red) and three waves up for wave b (red).

We'll see if there are five waves down for wave c red.

60 Min