Tuesday, December 4, 2012

Tuesday 12/4/12 Market Update

There is no change to any part of the count since the last update.

The 61.8% retracement level of the alternate impulse down was surpassed but price backed away quickly.  While still valid, this bearish wave count is still a poorer option than the primary count above.

In the context of the primary count above, a flat down appears to be complete.

blog comments powered by Disqus