Sunday, November 17, 2013

11/17/13

Looks like I may have to post charts from TOS from here on out. I was having problems getting my StrategyDesk to work since Friday. TDA may be phasing out this application so who knows.

Oh well. Had to recreate my charts from scratch so keeping it simple for now and continuing to track this 13 wave extension that I have posted several times now.

I'm suspecting that wave wave (3) of the 13th is playing out now.

Daily

Thursday, November 14, 2013

11/14/13 - EOD Update

The bulls continued with wave (3) today and has slightly exceeded equality with wave (1) (see 60 min chart). Well see if it completed today.

I have added another option on the 5 min chart, which calls for a bullish nested 1-2 i-ii up (in blue).

Per the daily chart, wave v=.618*i at 1805 so we can give the bulls the benefit of the doubt to push this higher.
5 Min 

60 Min 

Daily

11/14/13 - AM Update

Update on the squiggle.

5 Min - 11:58 AM


Two other things I'm watching for: 1. Wave (3) is not complete yet or 2. A nested 1-2 i-ii up.

5 Min - 7:30 AM



Let's see if the market gives us a chance to buy a wave (4) dip. Bulls must defend the green horizontal line. this would be the logical stop if you decide to buy this next dip.
5 Min - 6:45 AM