Wednesday after the bell

Here’s the big picture until I get home and post the updated signals.  Note the two sets of trend lines.  The count will be crystal clear soon. If the pink lower trend line contains this move, then there will be another move up to complete intermediate wave (1) of P3, otherwise, it was completed at 1344 and now it’s time to retrace to the black trend line.

 

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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