The bull case is that wave (iii) of 5 of the ED has begun.
From the bear's perspective, this is just a countertrend bounce towards the 20 DMA and 62% retracement of the leg that started near the end of Feb.
We'll see...
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| 60 Min |
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| 20 DMA |
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| Daily |
Monday, March 16, 2015
3/16/15 - EOD Update
Let's see what happens at the 20 DMA if it gets there.
The bull case is that wave (iii) of 5 of the ED has begun.
From the bear's perspective, this is just a countertrend bounce towards the 20 DMA and 62% retracement of the leg that started near the end of Feb.
We'll see...
The bull case is that wave (iii) of 5 of the ED has begun.
From the bear's perspective, this is just a countertrend bounce towards the 20 DMA and 62% retracement of the leg that started near the end of Feb.
We'll see...
