Tuesday, January 12, 2010

Not Enough To Call A Turn

Today's action in the Qs was pretty severe, but the critical levels have not been broken yet. We must still respect the potential that the current decline is wave c of ii of (5). There may be a couple or more downmoves to complete wave c. If we get a rally that falls short of the high and a break of the swing low, then the picture will change.

No comments: