11 May 2015 - Missing A Move

UPDATE May 12:  The Futures have detracted and eliminated a possible 5 wave advance up by breaching certain requirements for an EW 5 wave pattern.  Therefore we should look for a different count that fits current patterns..


The market was mostly down today, but probably not done with its move up.  The EW pattern does not seem complete since price did not make a complete 5 wave and did not make or break for new highs.  This would be the assumption if the count is right of course.  The ST has remain UP, and I am not sure if todays momentum has made any significant move to alter the ST for tomorrow. 

There is a Bradley Declination signal that happened yesterday and Im giving it a till tomorrow to see if we get any significant trigger UP or DOWN.

MT: UP
ST: UP
PA: NA