“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday 26 June 2014

26 June 2014

The markets rallied again, just right after Germany scored the only goal against the US team.. lol.  I guess everyone went right back to work after realizing that the market is still open. The trend is still down, but todays rally jeopardizes the downward trend if we do not break todays low eventually.  EW can be counted as a 1-2, i-ii, for a bearish count or an a-b-c for a corrective wave, then 1st wave rally up as a bullish count

MT: DOWN
ST: DOWN
PA: NA

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