10/10/16

Here is the triangle I was referring to since the last post.

60 Min 

10/4/16

Been quite busy lately so haven't had much time to follow intraday. Overall I still don't see much by way of direction. Based on daily MACD and all the chop lately, I slightly favor a deeper pullback for (iv) or ii possibly towards the 200 day SMA.

A alternate view would be a potential triangle that started off the Aug high of this year.

Daily

9/21/16 - EOD Update

Is wave (iv) in? Or is wave ii in? Still no reason to label the larger flat I briefly mentioned on 9/10/16. 

I added the time level for the US Presidential Election day on11/8/16. Lets see what happens around that time if the market continues to rally with in the wedge. Could wave (v) be in progress and terminate right around that timeframe?

Daily

9/13/16 - EOD Update

No change. Same as the 9/10/16 post.