PlannedTrades

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Alternate to the truncated ending diagonal triangle scenario I published a few hours ago.

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15 minute view of the BREXIT news trading action.

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Yep, sure looks like one! I'll try to post an alternate count - to give us all HOPE!

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DO TELL US, MR. MARKET! HURRY!!!

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Guys, I think we MAY have completed an ending diagonal for a TRUNCATED intermediate 5th of primary wave C of cycle wave B !!! Shoot! I HOPE I AM WRONG! I'll post a zoom-in of the futures trading action.

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It could happen ;c)

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Just a zoom-in. We may bet a wave (z) to complete the pattern due to the approval of BREXIT causing uncertainty in global markets.

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Primary wave 2 almost complete? ...Of course, we COULD be nearing the end of primary wave 4 (instead) , however, there is no alternation visible with intermediate wave (2) - both appear as sideways corrections. We'll have to wait and see!

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Intermediate wave (Z) possible, but it's rare.

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Still long ~ $115.

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Hard to say until the BREXIT issue is done with.

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A scenario for primary waves A & B.

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Another 8+ years of bull market??? DON'T UNDERESTIMATE THE FED! =p

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Just a zoom-in.

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Target = 2,500

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NO BREXIT 11 hours from now; fueling the market to new ALL TIME HIGHS! ...or they may delay it for another month. We'll know soon enough.

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Bull Market About to Resume?

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The end result is the same (still waiting for the final C wave of the final Z wave of primary wave B to begin), but this is an alternate count of price action prior to the beginning of the second zigzag.