January 10th, 2015: GLD Wave Count Update
Posted by pugsma on January 10, 2015
1:35 pm EST: GLD is threatening to break above 118.99 and confirm the alternate (blue) wave count that P5-CA has bottomed at 109.67. It’s going to take quick turn-around here near 78%/88% retrace at 117.54/118.20 and move below 109.67 in order to save the GLD primary wave count.
GLD 60-min chart (EOD, 1-9-15):
GLD 4-hr chart (EOD, 1-9-15):
GLD daily chart (EOD, 1-9-15):
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