The daily chart still supports a good completed wave iv for my ED.
The bears still have their extending wave count on the 5 min. The bulls need to clear 1966 (blue horizontal line) to create another overlap, which would bring into question a larger degree five wave move down for the bears.
If 1966 were to be cleared, the next best count for the bears is a large degree nested 1-2 i-ii down. If this becomes the bear's best count, the bulls need to take out 1985, which result result in wave ii retracing beyond the start of wave i.
I bought the lil dip today after the five waves up completed on the 1 min chart. We'll see what happens tomorrow.
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| 1 Min |
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| 5 Min |
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| Daily |
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| 60 Min H/S |
