Monday, December 15, 2014

12/15/14 - AM Update

11:19 AM - Forgot to update the red count, which is similar to the blue count.


11:19 AM 5 Min 

9:38 AM - Some things to consider if you are playing the blue count here. A double zigzag count may still be playing out. See the 60 min below.


9:38 AM - 5 Min 

9:38 AM - 60 Min 
The hourly shows some Fib confluence and a tag at the lower end of the channel. Let's see if the bulls can bounce back over the 50 DMA and out of the falling channel.