Jul 032014
 
 July 3, 2014  Posted by at 7:22 am  Add comments

We still could be tinkering around in fourth wave territory, but it looks as though the bulls may have finally decided to start working on the fifth wave of black  3 this morning.  To keep the continuity between charts, I put the larger degree count in red so it is easy to find on the short term chart.  The apparent three wave move in the DJIA that I pointed out in the last update gives me reason to believe the market may throw a curve ball with an expanded flat that completes at red ‘or 4’, but we’ll deal with that if it presents itself.  Good luck peeps and happy 4th.  Love your country, but know your history so you don’t do it blindly.  BA out……..

 

SPX2

 Leave a Reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>