Sunday, April 12, 2015

4/12/15

As posted last week, I suspected the bull/bear case was back to even. Unfortunately all counts are still in play until the upper and lower (2120 and 2040 respectively) resistance levels are broken.

As far as the larger triangle is concerned (blue count) that I introduced last week, it is quite possible last Fri's bump completed wave d.

But again, at the end of the day, just need to watch 2120 on the upper end or 2040 on the lower end.

60 Min