Posted by frtaylor on 26th of Sep 2012 at 03:33 pm
Here's a 15-minute chart I've marked up w/ wave counts.
Steve, does it look legit? If so, we're in for at least
one more leg down (if it's an ABC correction and not a 5-wave
impulse, although I marked the bigger waves as impulse). I am
short from the failed retest of yesterdays high, at 754.95.
Stop above yesterday.
frtaylor - I have not had a chance to study but upon quick
glance I don't see any issues with the small impulse down of
yesterday's highs which should support your statement of another
test down.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
GOOG - top in?
Posted by frtaylor on 26th of Sep 2012 at 03:33 pm
Here's a 15-minute chart I've marked up w/ wave counts. Steve, does it look legit? If so, we're in for at least one more leg down (if it's an ABC correction and not a 5-wave impulse, although I marked the bigger waves as impulse). I am short from the failed retest of yesterdays high, at 754.95. Stop above yesterday.
frtaylor - I have not
Posted by steve on 26th of Sep 2012 at 03:41 pm
frtaylor - I have not had a chance to study but upon quick glance I don't see any issues with the small impulse down of yesterday's highs which should support your statement of another test down.