Thursday, September 30, 2010

No Longer a Wedge!

The Nasdaq broke the lower trendline. This means that the current wave is not part of the wedge (unless it is an expanding diagonal .... yeah. As both Kevin and I would tell you, expanding patterns as actual wave counts are 99.9% of the time fictitious).

I want to see where this current wave lands and then I will watch the retrace. But I am leaning toward this Minuette, Minute and Minor wave being done this morning.
blog comments powered by Disqus