[10:47 AM] We'll see if the bulls can save this. Wave c of y = a and at 78% retracement now.
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| 10:47 AM |
[9:30 AM] - Watching for a potential double bottom. My green y is in play here. I still can't count an impulse wave down off the 3/7 high.
Of course we can't discount the triple -ve divergence playing out either on the daily. So we'll keep in mind the 50 day SMA below as
previously posted.
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| 9:30 AM |
[8:44 AM] - Lets see how high it bounces.
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| 8:44 AM |
[8:31 AM] - As I tweeted earlier, one more little LL and bears make five waves.
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| 8:31 AM |
[7:00 AM] The market rose as expected. Wave iii is just about 1.618* i. It is now coming up on some trend lines and MACD (hourly) about to issue a buy signal.
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| 7:00 AM |
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| 7:00 AM |
