Friday, November 26, 2010

A 6 Pack Of Choice

It appears the short term count was correct and we did get another leg down. So it's time to get back to the larger timeframes, where there are a lot of possibilities. It depends on how you count price around the top, is the top a normal wave 5 ( of C ) top or is the top followed by an unorthodox 2nd top in the form of an expanded wave b? My personal preference is for the wave b top, but i keep a close eye on the triangle count.

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