Thursday, August 6, 2015

[JNUG] update

In the backlink I provided the model below of normal hours trading.



The model below shows the extended trade as well since it counts a little better than normal trading hours only in this case.  As you can see this use of a different data set changes the character of the wave a bit while extending the length of the B wave but I think the outcome will be the same.  I'm looking for a 20-25% gain over the next couple days.  I look for it to transpire as 5 waves per below (the 5 blue waves into red C).  I think blue 1 and 2 occurred on Thursday and Friday should begin tracing out blue 3.

Time will tell, these are only odds and not certainties, use EW-defined stops at all times, blah blah blah.

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