INTRA JUL 31

3:40pm UPDATE: Best to stay out until the whipsaw is over.. but look for downside bias for C wave.

2:40pm UPDATE: Exit short positions...

12:10pm UPDATE:

Yesterdays Intra-day call to exit just prior to close was a good call.  Todays prices seem to be on the upward bias.

Although not indicated by a green arrow, we are on a intra-day uptrend.

As it stands we could be facing a deep retracement for a B wave or a 2nd wave.  Here is the complicated count.  The bullish possibility is that we make new highs and its at its 3rd wave up of a5th wave.  Anything goes...