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

PAYPAL

Wednesday 8 June 2016

9 Jun 2016 - EOD

Looks like the high should be nearing in EW count from the lows of May 19th.  This move from the lows can be construed as a b-wave end or a 5th of a C-wave 2.

However, the indicators still feels and shows bullishness so again caution on shorting opportunities until a confirmation can be had.

SEN: Bullish
ST: UP
PA: UP
R: NA



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