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Yes hurricanemalta - that would be Wave 3 down. The other alternative is that the move down is a C wave as part of a correction.
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Yes hurricanemalta - that would
my take
Posted by steve on 7th of May 2010 at 12:30 pm
Yes hurricanemalta - that would be Wave 3 down. The other alternative is that the move down is a C wave as part of a correction.
thanks Steve..I see it pretty much as Kalinm has labelled it with 5 to come and that would set up potential 60 min divergence etc ..but MACD still looks bad!
Posted by hurricanemalta on 7th of May 2010 at 12:34 pm