![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiSEDOxqtq6qDHoJ4vy-ubj-miIPR9JEJebiz0uHf7EfIgGuax0UyhxaFpcCdXDz-ao8OXnn7w6WTcAgjy4uLGgxlI72DnH7LIjeHgxF-tgvkQXUvzuFB1o7sFJvQ9HWrJY7TdNkcE2kNX7/s400/image002.gif)
First lets take a look at the daily chart. We are currently "fighting" with the downtrend from 160.38. Even if we get a break above it I will only have to dismiss the above count if we see a break above 146.95. I do count the decline from 160.38 as an diagonal in which case wave D can't be longer than wave B, which allows for a move towards 146.95, but not above.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgDpfPEB_oo1MoVGUhyphenhyphenRLqYIHCj7vDaxssbL3S2yOfs00RqG5qnZNuWds4F7gT_x-qYP0_zZ7_gfaW18XII2hTI5yW6YBQAfHd-QAuebNEPTUUBJS33qpu3nUu7R1ASjn0L32G1wW2EkWob/s400/image003.gif)
Zooming in on the last part of the rally from 128.71 is in its final stages. The question whether we will see the top here or we will need a move closer to the channel resistance near 144.25. As wave iv and (iv) didn't break below the support-line I wouldn't expect wave v and (v) to break above the resistance-line. It could but doesn't have to.
I have changes my micro-count in regards to wave v. The direct break above 143.00 aborted my previous count and the above count seems to fit the picture better.
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