Tuesday, January 27, 2015

1/27/15 - AM Update

Three waves down so far for wave E. Looks like it also hit 50% retracement of wave D and backtesting the dotted trendline.

We'll see if the bulls can turn this around from here since E is technically done, but can certainly retrace or chop lower or the bears continue to build on wave iii down.

6:49 AM -60 Min