@ 4 PM
Two interesting days in a row, after a month long wedge!!
Due to what happened in the DOW today, the current count is in limbo. The recount would look like this. Minute 4 was not done just yet.
The subwaves don't count very well. But we can only count what the market gives us.
This is how SPX & COMPX closed.
@ 3:30 PM
DOW just breached it's Minute 4 low of 12,309 by dropping to 12,306.
Though NDX, COMPX, RUT, NYSE holding much better.
@ 1 PM
61.8% retracement is better than 50%.
@ 11 AM
Two interesting days in a row, after a month long wedge!!
Due to what happened in the DOW today, the current count is in limbo. The recount would look like this. Minute 4 was not done just yet.
The subwaves don't count very well. But we can only count what the market gives us.
This is how SPX & COMPX closed.
@ 3:30 PM
DOW just breached it's Minute 4 low of 12,309 by dropping to 12,306.
Though NDX, COMPX, RUT, NYSE holding much better.
@ 1 PM
61.8% retracement is better than 50%.
@ 11 AM
The 50% retracement looks like a good wave ii.
damn it's rough out there today - i swear i'll never go long again! LOL
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