My ES chart shows that it is still possible to count this in EW as a 1-2 1-2.. with a 3rd wave down to come. The only way for this to be void is for prices to exceed the intraday high made on Monday Feb 26.
Wednesday 27 February 2013
27 Feb 2013
The wedge formation did not pan out as we had been hoping, but our mid-term trend has not changed its downward trend. Until then I remain on a downward bias, with a daily up trend.
My ES chart shows that it is still possible to count this in EW as a 1-2 1-2.. with a 3rd wave down to come. The only way for this to be void is for prices to exceed the intraday high made on Monday Feb 26.
My ES chart shows that it is still possible to count this in EW as a 1-2 1-2.. with a 3rd wave down to come. The only way for this to be void is for prices to exceed the intraday high made on Monday Feb 26.
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thanks
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