7:00 AM -- 1 Min |
6:50 AM - Last week I was looking for five waves to complete on the rally.
5th of fives waves up underway for bulls now from yesterdays low. Buying the dip if it comes
— Grand (@grand680) December 4, 2015
The market extended a little bit higher so we'll see if this is wave {ii green playing out with today's dip.
The competing count is that wave {iii red is underway for wave -c red. I'm leaning towards buying the dip first since there is a triangular/consolidating pattern to this. Hopefully can get 50% retracement near 2070. We shall see.
6:50 AM - 60 Min |