Overview: the hourly count that I published yesterday was the bearish case that we have peaked for wave b, with a very short wave V of (c) of b. However, we did not see any follow through on the bear side and the move down from the Nov. 15th high is not impulsive. Now, I am reconsidering the same hourly count as before.
Update: we are in wave V of (c) of b. I have the same target as before: 4132.75...note that this market is so fragile that any news can through it on a different path, aka bearish count.
Update: we are in wave V of (c) of b. I have the same target as before: 4132.75...note that this market is so fragile that any news can through it on a different path, aka bearish count.
