Quote from: chessnut on May 30, 2015, 12:54:29 PM

Quote from: vphen on May 30, 2015, 11:12:34 AM

@chessnut, update please.

Seems to be a flat rather than a triangle, not a surprise really as I noted earlier that this could be a flat.

Quote from: chessnut on May 26, 2015, 12:21:11 AM

The count is fairly ambiguous as correctives tend to be but the bias is clearly bullish. While the triangle is valid at this stage there is no evidence to say it is not a part of a flat that will correct to the 62% area.

Im waiting a few days for the bears to gently push this toward the 62% fib, then we can look for a potential bottom to form. 1375 is fair game. If so It could produce a strong bullish opportunity.

I would like to hear your feedback about the current crush and what do you think about the current situation ? Bullish ?