The EW count seems to indicate that wave iii (red) is completed and A-B-C correction to wave iv (red) has started. A is completed, and B has started. B cannot be higher than iii so it seems like the cap for now is $111.66 With the release of the huge block buster Avenger 2: Age of Ultron on May 1, 2015 and the earnings report due on May 5, 2015, it seems like there should be more upside. Well time will tell. Let's see how the movie fare over the weekend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.