April 1st, 2014: GLD Wave Count Update
Posted by pugsma on April 1, 2014
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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 April 1, 2014
11:55 am EST: GLD continues to track lower attempting to find the minor A of major [B]-PB-CB bottom. There is (c)=(a) target at 122.89, which is at the 122.50 pivot support and near the 62% retrace of 121.77.
GLD 60-min chart (mid-day):
GLD 4-hr chart (mid-day):
GLD weekly chart (mid-day):
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