Forgot to post this chart too. Note the bounce on the TL again? See the sharp move the first time around? Will it happen again?
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| 60 Min |
Haven't had time to chart the market this AM. I did tweet that an extended wave wave looking very likely especially if it could break through the wedge, which it did.
This is a quick count on the squiggles.
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| 3 Min - 12:10 PM |
I wrote on yesterday's EOD post, "
If the bulls are gonna show up, it should start tomorrow because time is running out and the 3 min chart provides for a good case. If there is a small move down in the AM, I will be looking at the light green trend line on the 15 min chart below as a possible support level."
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| 15 Min - 7:07 AM |
So far a bounce out of the wedge.
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| 3 Min - 7:07 AM |
