14 Aug 2014

Prices have climbed to our 1950 range and the only thing stopping prices from higher highs is the 60min 200ma.  This also lies within the 61.8% retracement of the whole run from the top to the Aug 6th low.  Comparatively the EW structure of a=c also resides within the 61.8% Fib Ret.  The impulsiveness does fit with all scenarios we are currently entertaining.  Our ST still shows an upward trend so this is our main focus of course.  Nothing in the market seems to keep prices unfazed, but nothing is ever immune.  Sometimes bad numbers are just bad numbers, and nothing affects market but time.

MT: DOWN
ST: UP
PA: DOWN