Wednesday, March 15, 2017

3/14/17 - EOD Update

Did not have a chance to post an update on the daily but safe to say wave (iv) has been in progress since the beginning of the month. Retrace has reached 38%, which is sufficient in price, but may need more time. We'll see tomorrow.

SPX - Daily
TSLA finally broke out in it's wave iii after forming a wave ii double bottom. Bulls need wave iii to take out 264.15 in order to rule out a bearish impulse wave down. The alternate bear counts are in blue and purple.

TSLA - 60 Min 

blog comments powered by Disqus