Monday, April 6, 2015

4/6/15 - EOD Update

Not much to add here. I just made the following adjustments to the 60 min chart:

1.  The wave b triangle (pink) alternate I pointed out last week
2.  I added the nested 1-2 i-ii bearish count to the chart.
3. The larger triangle (blue) for wave b of (iii) for the daily chart.


60 Min 

Daily

Thursday, April 2, 2015

4/2/15 - EOD Update

Looks to me like a series of three wave overlapping structures off the 3/26 low. If this is the case, the 60 min chart below shows an alternate count I have for wave b (pink). A possible triangle in the works.

The more extreme bearish view is the nested 1-2 (not shown on chart) down.

5 Min 

60 Min 
I haven't forgotten about the bulls tho. If this keeps chopping, a larger descending triangle may be playing out that forms wave b of (iii) of the large ED highlighted on the daily chart below.

Daily

4/2/15 - AM Update

[7:32 AM Update] - The count for wave iii red, though not technically out, does not really have the right look. The blue count as posted yesterday has wave -iii launched today. Will have to take a look later for the bigger picture how this all mashes up.

7:32 AM - 5 Min 

Wednesday, April 1, 2015

4/1/15 - AM Update

[9:32 AM Update] - So far looks like five up and three down for the bounce off the AM low.

9:32 AM - 5 Min 


[7:18 AM Update] - We'll see if da bears can complete wave iii. It appears to be working on wave -iv right now.


7:18 AM - 5 Min 



[6:56 AM Update] - So far following the bear game plan as anticipated.

6:56 AM- 5 Min - 

6:56 AM - 60 Min