Wednesday, October 1, 2014

10/1/14 - AM Update

[12:34 PM] - Wave {iv in progress or wave Y purple complete? The bulls need to take out the blue line to help out that count.

12:34 PM - 5 Min 


[12:13 PM] - Slicing thru trendlines. Will the purple one hold?



[12:04 PM] - Wave {iii complete.

12:04 PM - 5 Min



[7:09 AM] - Looks like wave [iii is complete. Let's see if it bounces here in a wave [iv or overlaps [i.
That will be the tell.

7:09 AM - 5 Min 





[6:55 AM] - The bulls wanna recapture the blue line to create the overlap.

6:55 AM - 5 Min 


[6:44 AM] - Happy October 1.  Here are the adjustments to the squiggles based on today's open. Bulls shouldn't lose hope yet but they better hope for another bounce here to create another overlap, otherwise, the bears have the edge.

6:44 AM - 5 Min 

6:44 AM - 60 Min