gameover_

gameover_ Updated 

Bottom Line : Watching for evidence of a bottom. Outlook : We're weighing the possibility wave 2 may have ended at the $ 39650 low. Advancing above 47532.89 would bolster the bullish case. Analysis : We're considering the possibility the recent wave ((2)) correction (below) ended at yesterday's $ 41126 low, but as always we like key level confirmation....

gameover_ Updated 

Bottom Line: A third wave rally is underway. The rise from 41141.39 isn't yet in five waves, which we want to see form to reduce the risk of yet another fake low. The surge through the end of wave ((1)) favors that wave 3 is underway. It will travel 1.618x wave ((1)) at 48851.27. (( )) denotes a circled number or letter Disclaimer : Prices can vary...