Tuesday, November 4, 2014

11/4/14 - AM Update

[12:12 PM] - Three prior touches on the mid-channel. Will this time be different?


12:12 PM - 5 Min 


[12:05 PM] - Just to clarify the options. Green, red and blue.

If another leg down were to come, it projects to 2000-1990

12:05 PM - 1 Min 


[11:39 AM] - For the bulls, not the best looking impulse up on the bounce so here are some options for the bears. However, if the bulls can defend 2000, I think this could just go range bound between 2020 - 2000 to form wave ii or b on the 5 min chart.

11:39 AM - 1 min


[8:21 AM] - Bulls need to clear 2013.68.

8:21 AM - 1 Min 


[8:09 AM] - The third wave extension target at 1.618.
8:09 AM - 1 Min 


[8:00 AM] - The end to five waves up looks good. Now approaching the mid-channel and 2000 back test.

8:02 AM - 5 Min 



[7:31 AM] - May only be the end of wave 1 of [c or 1 of {iii.

7:31 AM - 1 Min 


[6:59 AM] - Taking the wedging pattern into consideration.

6:59 AM - 1 Min 

[6:47 AM- Its possible wave {i is not complete yet.


6:47 AM - 1 Min