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EDIT: 7:50PM PST: I just realized that I labeled the top of the daily chart as a Minor C. That should be labeled Intermediate (C).
I think most viewers of this blog view Dan and Kenny's blogs as well so I'm not going to put up a bullish count. I agree with their bullish counts so why create more work.
However, I still don't trust this market so I will continue to post the bearish counts with the limited time I have.
Compare today's 5 min chart with yesterday's. Subminuette v just about hit it on the nose of the fib projection at 161.8% of waves i and iii. Does this always happen and is it very useful? I'm not sure.
I just thought it was interesting to point out since I put it up on yesterday's 5 min chart.
The daily chart I posted speaks for itself. Did we top? I guess we will find out here shortly.
What do you think of the U.S. DOLLAR INDEX?
ReplyDeleteIs it about to bottom?
thx
neo
Neo,
ReplyDeletei'll be honest. i haven't been keeping track (chart-wise). dan, kenny and ewi have been doing this and it has been a pain so i have not truly tried to chart it. sorry.