Thursday Morning Update

Well, my count seems to be playing out for now.  Five waves up and then wave (iv) should retrace to 1275-1299 before the final push up to complete intermediate (1).  The alternative would be that these next five waves finish intermediate (1), but we don’t have to worry about the count, we have a system to follow.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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4 Responses to Thursday Morning Update

  1. Tony D says:

    Very timely Update – thanks.

  2. alphahorn says:

    I sure hope you guys played IYT today!!!!

  3. alphahorn says:

    1330.50ish is my target, we tighten stops in that neighborhood

  4. Tony D says:

    Wish I had taken advantage, but good call, considering what transports have been thru lately.

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