Saturday, August 1, 2015

8/1/15 - Daily Extended Update

All this sideways chop in the range got me to reexamine the extended count I have been tracking.  Its pretty obvious wave (3) of this count must be extending.

Upon closer examination, I have added the green alternate count on the chart. If this is the correct count, then the range we have been seeing is a wave 4 of (3), which implies another poke higher or a challenge of the all time high.

As usual, we'll see...

Daily

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