Wednesday, January 6, 2010

Alt Count

Here is a different interpretation of the current  move. Even with the below chart, I still expect to see 1.5872 it will just get there a different way. The technicals other than the count are starting to make this count look more like what is happening. The failure points for this count has a wider lattitude which I won't mark at this time. My philosophy is "I don't trade when the count is vague." It will clear itself soon enough to give a great opportunity.


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