Friday, August 19, 2016

8/19/16 - AM Update

Just got back from a nice long vacation. It appears the market has not decisively broken out in either direction since my last post.

It certainly hasn't confirmed that it topped yet since my last tweet when it looked like it printed five waves down. I thought it would have made a short-able candidate since 8/1 but it clearly took out that five wave structure.

Still waiting to see if five waves completed since the 6/27/16 low.

60 Min 
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