Friday, September 19, 2014

9/19/14 - EOD Update

[8:14 PM] - After looking at my long term chart again, I think today's ATH may have completed wave iii of  the ED I have been tracking on the daily chart.

However, if the bulls show up and blast this higher, I have an extended wave 5 of [3] count to present. Won't do it unless the ED fails.

8;14 PM - Daily



[EOD Update] - I may have missed an opportunity to score some points to the downside for next week. Based on my 1 min chart, I'm expecting a wave iii or c down.

That downside may be limited based on the more bullish count on the 60 min chart.

However, I'm keeping an eye on the daily count, which has an ending diagonal in the works.

Have a great weekend.

1 Min 

60 Min 

Daily