Thursday, June 16, 2016

6/16/16 - EOD Update

This bounce may have some legs with the bullish divergence on the 60 min chart. I took a small long position for a trade to either take advantage of a wave (b bounce to 209x or the beginning of something more bullish with a wave {iii blue up. Not holding my breath for the later at the moment but won't ignore it either.

60 Min 

Monday, June 13, 2016

6/13/16 - EOD Update

The yellow count continues to gain more traction as previously posted. I updated the bull count option should anyone be looking to go long at the wave {ii low just above the 50 day SMA.

The 200 day is currently at 2015 and that would line up well with the end of wave (C for the yellow count option.

60 Min 

Daily

Tuesday, June 7, 2016

6/7/16 - EOD Update

Today I was tracking a little rising wedge/ED. I took a lil short position so. We'll see if this plays out.

5 Min 

Bigger picture, the yellow count option is starting to look more likely...

60 Min 
especially if the 2116-2134 highs hold. Daily shooting star candlestick too.



Wednesday, June 1, 2016

6/1/16 - EOD Update

Wave {ii may be working out a flat. Today's bounce may be wave b of the flat. Wave c down to come.
60 Min