I'm keeping this simple for tomorrow and 1343.13 is the key for both counts below the way they are labeled.
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Bear |
Wave v=i 1t 1343. A lower low will surely justify this count.
Those who follow along in the CIL or follow my tweets have seen this count. This was calling for one more push down.
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Minor 4 Flat |
Should the bulls hold 1343.13, we must consider that minute [5] has begun. Per this count, I am assuming the market completed a leading diagonal up for wave i and started wave ii into the close. Wave ii should be a sharp retrace of approx 78% so we'll see what happens tomorrow.
So long as 1292 holds, the two options below should be respected.
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Minor 4 FLAT Option |
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Minor 4 Triangle. |