Wednesday, February 16, 2011

The Primary Count

I have presented several options over the last several weeks along with what I felt was the best primary count at the time. Lately it seems as though things have become a little unwieldy so I wanted to drill down the count again to come up with something I feel is the most solid option.

The charts below are what I believe to be the primary count that I hope will hold for a bit. Obviously if the market presents us with multiple valid options, I'm going to present them as I always have.

I hope this helps provide you folks with some clarity as to what I'm thinking about for the near future.

I do believe this may be some form of an extended 3rd wave.

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