Just messing around with my trading chart while warming up a late night bottle. The rally at the end of the day never looked right. It does count like an impulse but it certainly doesn't "act" like one. The breadth stinks (probably ate some liverwurst ... yuk, yuk) and the TRIN barely budged during the move which speaks to anemic volume participation. Right now I am sticking with my original count, that this is part of a Wave B overshoot of Minute 2. I mean it could be a 1-2, 1-2 for part of a 5th wave move, but nothing seems to be confirming it.
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago