Jul 24, 2014

Update

It think we are in the late stages of this move.
There is probably 5-10 points higher left, but with wave 3 already(or soon) behind us there is no more easy money:) I will be very surprised if the indexes suddenly accelerate...

4 comments:

  1. Great counts. I'm seeing 2009-2010 as end of this wave up before correcting.

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    1. Yes, one final surge will look great - huge bar with exhaustion or shooting star with intraday reversal.
      Something to excite the most traders and trap them:) that is the way it usually works.

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  2. Are you expecting a huge correction (or) a minor 70 point drop?

    Thx

    ReplyDelete
    Replies
    1. I think it should be minor pullback to 1925 or 1900

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