[GE] update

GE has peaked after 3 waves up that did not (so far) result in a higher high.  Then it put in 5 clear waves down into Friday's close.  Wave 3 should fall below red a because that would prove that this cannot be wave 4 forming. It would the point of recognition of this fact.  Once the trading computers figure that out, they should begin selling it.  Last chance to get GE puts cheap will likely be Tuesday.