Wednesday, November 27, 2019

11/27/19 - EOD Update

Since my last post a month ago, I mentioned that the more bullish nested 1-2 i-ii option had the potential to play out with the market grinding higher and so far that seems to be the case. I made some slight adjustments to the alternative counts.

Primary until the market tells otherwise is that wave (iii) of 5 of (5) is playing out. The bearish alternate is a much larger expanded flat in the works playing out wave b before a leg c wave down to follow.

Happy Thanksgiving.

Daily

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