Hourly: On the 1-Hour chart we see a minute a-b-c wave down that started last Friday
Interpretation: We are on hold
Next: A daily close below the recent low of Sep 15 would confirm a larger down trend.
Charts and Notes from Friday September 19, 2014
Monday, September 22, 2014
Weekly: We have completed v of 5 of a wave that started in April 2014 - now we are looking for a new trend.
Daily: After wave v completed last Friday, we entered into a short term descent
Hourly: On the 1-Hour chart we see a minute a-b-c wave down that started last Friday
Interpretation: We are on hold
Next: A daily close below the recent low of Sep 15 would confirm a larger down trend.
Charts and Notes from Friday September 19, 2014
Hourly: On the 1-Hour chart we see a minute a-b-c wave down that started last Friday
Interpretation: We are on hold
Next: A daily close below the recent low of Sep 15 would confirm a larger down trend.
Charts and Notes from Friday September 19, 2014
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Daily: After wave iv that took almost 2 weeks to work out, we entered into v on 9/16/2014
Hourly: On the 1-Hour chart we see that wave v completed today (also seen in the 2-Hour charts)
Next: A daily close below the low of Aug 7 will confirm the down trend.