Friday, June 17, 2011

6/17/11 - EOD Update

EOD Update


60 Min Primary

Based on this count the market is working or nearly completed wave 2 down of what may be the beginning of Minor 5.

60 Min Alt 1

This count implies the same as the primary but just a different way to count the correction off 1370 complete.

60 Min Alt 2

This count is considering a larger wedge playing out for wave c. The count here has wave 3 of the ED for c in progress.



The Bear Count

Even the bear count is looking for another leg higher once wave b of 4 is complete.