Monday, October 20, 2014

10/20/14 - EOD Update

[9:03 PM] - A look at ES tonight. Looks like five waves up completed.

[EOD Update] - Busy day at work for me today.

This is still a pretty choppy bounce that is just under the 200 DMA but I think wave -iii ended today for the blue count and still watching the inv H/S.  If the red count is still in play, it cannot breach the red horizontal line. This would be a good place for red to start red {v.

1926.03 is the level that bulls need to clear to invalidate the bears larger degree five wave count down.

5 Min 

60 Min 

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