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
8 years ago
Friday, June 10, 2011
June 10
Assuming my count is right (that I have correctly identified Minute [maybe Minuette] W), then we are near the bottoming range for Y. We have some good proportions taking place on substantial divergence on the 30 and 60 minute charts.
Thursday, June 9, 2011
Monday, June 6, 2011
June 6
No opinion on the short term count, other than the fact that it is corrective (and not some sort of half-baked leading diagonal with a < 50% retracement). The trend is down and I am waiting for the next bounce to try to put the waves in context.
Thursday, June 2, 2011
Wednesday, June 1, 2011
June 1
Current thoughts. Honestly, I really have no idea what the short term count is. The strength of this down move was a surprise. You can see from yesterday's chart, I was expecting a pullback, but not this severe.
However, it looks very bad on the SPX and Financials (XLF), but the COMPQ and RUT seem to be holding well above last weeks support level.
However, it looks very bad on the SPX and Financials (XLF), but the COMPQ and RUT seem to be holding well above last weeks support level.
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