Monday, January 12, 2015

1/12/15 - EOD Update

I relabeled the blue count to a corrective abc bounce. I just can't find an impulsive count for what I have labeled wave a  and so far what would be wave b is a very deep pullback, which I was previously tracking as a wave 4.

The red count is the primary at the moment. Price is below the 20 DMA, which I believe is below the 50 DMA.

5 Min 

Daily Bollinger Bands