At the backlink I had counted wave 2 as being complete:
Below is the recent snapshot which showed that wave 2 had a bit more to go.
Still, this looks bearish to me in that it is a clear 3 wave move up to exactly kiss the lower rail from below. The 3 of C gap could not breach the top rail. Not good in the short term IMO. We should know a lot more in just a day or two on this one. As long as this remains below that top rail it is a strong sell.
Tuesday, May 5, 2015
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment