11/20/13 - AM Update

Haven't been able to examine the subwaves of the ED but it is out. We'll see.

5 Min - 12:41 PM

If the wedge (blue) holds. Wave y may be an ED.

5 Min - 12:05 PM

Sorry. This looks better for wave d.

5 Min - 9:56 AM

Let's see if this sloshes around until 11AM PT / 2PM ET (yellow vertical line).

5 Min - 9:38 AM

I think the w-x-y pattern may be more likely with wave x a triangle.

5 Min - 9:30 AM

Not completely sold on the inv h/s but must be aware of it. Will keep an eye.

5 Min - 9:28 AM

Prepare to accept the possibility that the red count is correct.

1 Min - 8:39 AM

The open. 3 = 1 at 1793.

1 Min - 6:35 AM

ES-mini bounced off the channel perfectly so far.

ES - 60 Min 

11/19/13 - EOD Update

We'll see if R.N.'s channeling technique properly identified the end of wave (4) at the typical 38% retracement level.

15 Min 

This is all I have for the short term. Let's see if the bulls defend the lower end of the channel. Or will the bears work on the red count on the 1 min chart below. Please see the note with regard to wave 1 red.

1 Min

5 Min 

11/19/13 - AM Update

No triangle. We'll see if this wants to tag 38% and the lower end of the channel.

5 Min - 10:53 AM

Possible wave (4) triangle? We'll see.

5 Min - 10:13 AM

I missed the subwaves for the 3rd wave of a of y. This looks better now. We'll see.

1 Min - 6:58 AM

11/18/13 - EOD Update

Earlier in the day I tweeted the potential for a triangle up top today and forgot to mention the potential flat. So far that looks like a great possibility as highlighted on the 1 min .

1 Min 

Hard to call the first leg off the top there as an impulse. It's a pretty clear looking three wave structure. Makes for a nice w-x-y corrective so far with wave y = 2x wave w.

15 Min

A possible wave {4} pullback. The question is what degree of wave (3).

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