Friday, March 18, 2011

3/18 2:24

Wave (iv) took the form of a double-zigzag instead of a rectangle or a simple zigzag.  If EWI is correct then instead of (iii) completing, wave c completed.  I1 is up through next Friday.   YM futures got 2 ticks from the stop point 11,771.  Cash DJI chart shows wave count.

Now to see if we get a wave (v) or if EWI is right and it was a wave c top today.

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