Saturday, September 13, 2014

9/13/14

The market is still leaving us all hanging. The bears and bulls each have legitimate counts. I still will lean towards the bulls.

I think if the bears are to show up, we should know by Monday with a wave {iii of iii down.

If the bears do not flush this first thing, the bulls have the bullish falling wedge in their favor. Initially I thought it may be a leading diagonal but wave 3 of that structure is longer than wave 1.




60 Min 

Daily
Per this daily count a possible ending diagonal is in the works.