SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on March 19, 2014
5:10 pm EST: GLD looks to be completing a nice 5-wave drop to the 127-128 support area for minor A of major [B]-PA. There should be a minor B bounce to a retrace target at the 130.5 resistance before minor C completes major [B] the 50% retrace target of at 124.0.
GLD 60-min chart (EOD):
GLD 4-hr chart (EOD):
This entry was posted on March 19, 2014 at 4:05 pm and is filed under GLD. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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