But the double top I pointed out in the last post held and now we are working on a lower low which is nearly done. But this lower low will result in 5 waves down and so the likelihood that this is a corrective wave has decreased dramatically. I expect a bounce into next week as shown before turning down hard.
Monday, February 9, 2015
[INTC] quietly rolling over...
Here is the backlink. My count is slightly modified and bearish outlook has increased dramatically since then. At that point, we had what could be WC.

But the double top I pointed out in the last post held and now we are working on a lower low which is nearly done. But this lower low will result in 5 waves down and so the likelihood that this is a corrective wave has decreased dramatically. I expect a bounce into next week as shown before turning down hard.
But the double top I pointed out in the last post held and now we are working on a lower low which is nearly done. But this lower low will result in 5 waves down and so the likelihood that this is a corrective wave has decreased dramatically. I expect a bounce into next week as shown before turning down hard.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment