The 50 DMA may be a good target. It also corresponds with wave [c = [a.
Let's see if the bears can break 1968 because if they don't, I won't be surprised if the wave extends and tracks up the channel.
 |
| 5 Min |
 |
| 60 Min |
Wednesday, October 29, 2014
10/29/14 - EOD Update
EOD Update : Did the market finally complete five waves up? Will a right shoulder form and if so, where will it terminate within the 1925-1975 zone?
The 50 DMA may be a good target. It also corresponds with wave [c = [a.
Let's see if the bears can break 1968 because if they don't, I won't be surprised if the wave extends and tracks up the channel.
The 50 DMA may be a good target. It also corresponds with wave [c = [a.
Let's see if the bears can break 1968 because if they don't, I won't be surprised if the wave extends and tracks up the channel.
10/29/14 - AM Update
[12:23 PM] - Keepin an eye out for a potential wave [b tri.
[11:45 AM] - We'll see if there will be a wave [c down. Bulls may respect the middle of the channel.
[7:53 AM] - We'll see if it is corrective (wxy) or a start of a new impulse (1,2,3...) down. y=w at 1981
[7:14 AM] - We will see where this really goes in about 4 hrs.
 |
| 12:23 PM - 5 Min |
[11:45 AM] - We'll see if there will be a wave [c down. Bulls may respect the middle of the channel.
 |
| 11:45 AM - 5 Min |
[7:53 AM] - We'll see if it is corrective (wxy) or a start of a new impulse (1,2,3...) down. y=w at 1981
 |
| 7:53 AM - 1 Min |
[7:14 AM] - We will see where this really goes in about 4 hrs.
 |
| 7:14 AM |
Tuesday, October 28, 2014
10/28/14 - EOD Update
Still looking for the completion of five waves up.
Wondering if the intersection on the daily chart may provide a clue at 1991.
I'm out of the trade from yesterday's dip. Would like to see the completion of five and then a dip to perhaps the 50 DMA to form the right shoulder. We'll see and adjust accordingly.
Wondering if the intersection on the daily chart may provide a clue at 1991.
I'm out of the trade from yesterday's dip. Would like to see the completion of five and then a dip to perhaps the 50 DMA to form the right shoulder. We'll see and adjust accordingly.
 |
| 5 Min |
 |
| Daily |
10/28/14 - AM Update
[12:34 PM] - An update on the squiggles. The red count is out.
[8:15 AM] - I removed some of the alternates from yesterday and believe this is the best squiggle count at the moment. The red count is on life support.
 |
| 12:34 PM - 5 Min |
[8:15 AM] - I removed some of the alternates from yesterday and believe this is the best squiggle count at the moment. The red count is on life support.
 |
| 8:15 AM - 5 Min |
Subscribe to:
Posts (Atom)