Sunday, February 17, 2013
Friday 2/15/13 Market Update
There has been some change to the count since the last update. With a new recovery high nearly being reached Friday, an impulse higher looks like the best option over the past two weeks rather than a double zigzag.
The wave C impulse was altered slightly to a variation that is quite reasonable. This count also simplifies the wave count, increasing its likelihood.
If [v] is not complete, the end of [iv] can be moved forward. But a break under the lows this week should signify the start of a correction of some degree
The same alternate counts are present.
blog comments powered by Disqus