April 8th, 2014: GLD Wave Count Update
Posted by pugsma on April 8, 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 8, 2014
12:30 pm EST: The GLD count is following the path laid out last week. It looks like the minor B wave of the proposed major [B] triangle is headed for the 50% retract target of 128.40.
GLD 60-min chart (mid-day):
GLD 4-hr chart (mid-day):
GLD daily chart (mid-day):
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