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Tuesday, March 31, 2015

Elliott Wave Update ~ 31 March 2015

If the wedge is finished, prices should collapse here soon and quickly beneath the lower trendline.


Monday, March 30, 2015

Elliott Wave Update ~ 30 March 2015

Possible squiggle count:
Or the triangle wedge may need another high

Wednesday, March 25, 2015

Elliott Wave Update ~ 25 March 2015

The upper wedgeline has at least 7 touchpoints. The lower now has at least 4.  The entire affair is a overlapping mess within. That makes it a likely valid pattern - and a potentially deadly bearish one at that.

Its not important at this moment to try and dial in an exact EW count.
However, we do have some valid counts out there. One possibility:



Monday, March 23, 2015

Elliott Wave Update ~ 23 March 2015

I the upper wedgeline is met again or even "overthrown", it would likely be a promising technical position to short the market at the top of  wedge pattern.
Rumblings in the 6 month yield count.
Oil

Friday, March 20, 2015