We shall see if this completes the move or if we should expect to see a protracted move.
 |
| 3 Min |
 |
| 60 Min |
The bulls wiped out the shorter term -ve divergence but the larger one still looms at 24.
Thursday, August 16, 2012
8/16/12 - EOD Update
I was keeping an eye on that triangle which played out today. It looks like like a pretty clean five wave thrust out and reversed at the top of the TL.
We shall see if this completes the move or if we should expect to see a protracted move.
The bulls wiped out the shorter term -ve divergence but the larger one still looms at 24.
We shall see if this completes the move or if we should expect to see a protracted move.
The bulls wiped out the shorter term -ve divergence but the larger one still looms at 24.
