Tuesday, June 11, 2013

6/11/13 - AM Update

Something else developing is a wave B triangle. In green below.

15 Min - 12:41 PM


This is the bigger 15 min picture. Lets see if the descending TL holds.

15 Min - 10:36 AM



Black option in danger. Blue is the best for the bulls. Red working for the bears.

1 Min - 10:35 AM


Next best bull option in blue.

1 Min - 10:22 AM


1Min Update

1 Min - 10:20 AM 



Channels.

1 Min - 9:34 AM


Update on the 1 min. Bulls need to take out 1640.26.

1 Min - 9:19 AM



A re-test of the lows is still possible. Bulls wanna take out 1640.26 to minimize those chances of a new low.


1 Min - 7:26 AM


Five teeny tiny waves up. Now lets see if there are three down.

1 Min - 7:10 AM


Using my old squiggle chart, this may be the correct count.


3 Min - 6:42 AM

15 Min - 6:42 AM
The right shoulder looks good now.


15 Min - 6:20 AM
Both counts adjusted for the opening drop. Will the green descending TL hold? The right shoulder should now be in the zone.