Still not convincing to pull trigger...this might be a larger ABC wave and we still might go down past .2750. I am putting a buy limit there and I have to go do some errands. Good luck to all. See you in a few.

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Yes Miguel, I think wave 1 has finished or will finish shortly. I expect we will see .3100 again, but after wave A has formed I can give a better target.

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Didnt like that last 5 min bar...it might be happening sooner

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Watch for a potential spike that is the signal if it happens...good luck

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looks like a good 3rd wave

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So far so good

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Later Steve, have a good one.

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By the way I am looking at 5min

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Lets see if this third wave acts like a 3rd impulse wave.

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EW says it should go below .2750 unless truncated...but there should be a lot of support there. I would guess a quick spike on the fifth wave to barely get us below .2750

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Just messing around with you...I would like to see someone put 10,000 lots on (one yard) to see how much it pushes the markets. My lot sizes doesn't even move the market at all...

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Two waves done....looking for 3, 4 and 5 now!

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ok how about one yard lot size?

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Looking to touch .2750 one last time with 5 small waves down...

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Depends did you have 100 lots on like you usually do?

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Ok one more leg down then I am entering Long...newbies might want to wait for a good leg up and then look for retracement.

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Does anyone know of any economic data that might send this market up in the next 4 hours??? Can't find anything.

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I want to see one more wave above .2776 and then back to .2750 that should be the end after that.

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I know that .2663 area looks like the best support area....we still might go there but charts and wave patterns are showing ending patterns.

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