We'll have to see if the bulls can build on this and break above 2034.17, which is the wave -i low, and up and out of the descending channel. This would eliminate the pink bear count and get this back over the h/s neckline (60 min).
Wednesday, December 17, 2014
12/17/14 - EOD Update
Not gonna swing to the bull case 100% just yet but playing the blue count was the way to play going into today.
We'll have to see if the bulls can build on this and break above 2034.17, which is the wave -i low, and up and out of the descending channel. This would eliminate the pink bear count and get this back over the h/s neckline (60 min).
We'll have to see if the bulls can build on this and break above 2034.17, which is the wave -i low, and up and out of the descending channel. This would eliminate the pink bear count and get this back over the h/s neckline (60 min).
