Thursday, September 19, 2013

UJ 9-19

UJ -- I know I waffle a lot between whether its a wave 5 or B wave Flat/Expanded... Either case is easy made....

Yesterday we saw PA touch  97.75 - if we choose to accept this count-- wave 3 will be the shortest in a C wave of II -- we can see the daily volume down yesterday and immediate return on lower V -- classic shakeout--  However- the pattern looks more like it's forming a 3 drives or 33333 triangle.