Aug 1, 2014

Update

Updated chart of the extended impulse. I suppose the day traders will close their positions before the weekend and on Monday we should see the bottom for wave 3(red)
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2 comments:

  1. kkandruAug 1, 2014, 9:08:00 PM

    HI,
    If 1950 's not taken out, this can go all the way to 1700's. What's your thought?

    Thx

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    Replies
    1. KrasiAug 2, 2014, 12:10:00 AM

      I think we will see at least 1800..... At the moment I do not have particular count, I will just watch how the move develops and decide if it can move lower or not.
      There is no many good E.wavers out there, some of the good one are expecting something deeper.

      Delete

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