I was pointing out the conflicting signals last night in Blech. Well, the potential A-B-C count for B of 2 has resolved itself overnight .... as a *very* clear 5.
It looks like a perfectly extended impulse. No truncated 5th. Nothing ambiguous. Perfect.
I am adding to shorts on the next pullback this morning.
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