Monday, February 6, 2017

2/6/17 - EOD Update

Looks like a combo corrective for (4) was the plan vs the triangle I was previously tracking. Wave (5) = (1) at 270.

The alternate is that a larger flat or larger triangle could be in play if TSLA needs to consolidate further with time.

TSLA - 60 Min 

SPX continues to wedge higher. Though it is the alternate on the chart, the nested 1-2 i-ii appears to be the better primary count (too lazy to relabel) so long as 2193.81 holds.

SPX - Daily