Thursday, September 17, 2020

9/17/2020 - EOD Update

Cleaned up the micro count a tad and adjusted the options to either Atl1 red or Alt 2 blue triangle.

Note there is room for red X having completed or a wave e of X bounce is in store tomorrow, which aligns with a wave d of Y bounce for Alt 2. 

Alt1 implies more selling to come once one last attempt to bounce fails or if X is complete it flushes out tomorrow w/o any meaningful bounce. 

Alt2 implies that the bulls are satisfied with the recent pullback and setting up for the next leg higher.

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