It is possible to argue that the 5th wave completed, with the gap up being the 3rd.
It is also possible to argue that the gap was i of an extended 3rd, and one more push up to 50% retracement will come tomorrow.
NDX certainly broke that resistance line and is much closer to that target.
@ 2 PM
@ 10 AM
The X wave is an impulse wave -- I thought X waves were an a-b-c
ReplyDeleteSubwave count for minuette X on the 5-min chart is an abc.
ReplyDelete