June 1st, 2016: GLD Wave Count Update
Posted by pugsma on June 1, 2016
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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 June 1, 2016
2:20 pm EST: I’m looking for PB-CB expanded flat wave to end around the 114.50 pivot. The 38% retrace is at 113.95. For the PB low, the PC wave should head up for the 137.50 pivot going into the end of the year.
GLD 4-hr chart:
GLD daily chart:
GLD weekly chart:
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