Tuesday, September 22, 2015

9/22/15 - AM Update

[7:07 AM] - The big bear fake would be this running flat for wave b green. I like this option if the bears can't get it going for wave v down, which currently should be seeing a wave 3 down of v. One other avenue to keep an eye out for is an ending diagonal so we would expect a converging chop lower.

7:07 AM - 60 Min 




[6:52 AM] - With the break below wave -i green and the channel, the green alternate I was tracking is now out. The most likely scenario is that wave v is in progress that will challenge 1860.

6:50 AM  - 60 Min 
1825 is also likely target as it would find support near the previous wave 4.

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