Monday, March 21, 2011

3/21/11 - 10:00 AM Update

10:00 AM Update
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My primary with options are still:

1. Minute [5] underway
2. Wave (x) of [4] is underway
3. Wave (x) of [2] of Minor 3 is underway


If you folks have been following this chart once again playing true to the script. A test of the 50 day SMA as anticipated.

Now will it continue or diverge?

The inverted h/s targets.

A case can be made for a completed w-x-y correction.

The original impulse count option I presented over the weekend is out due to the 4-1 overlap. However, the nested 1-2 option must be considered as well.