Sunday, January 13, 2019

MTU Weekend Ed. - Rebounding II (1/11/19 close)

The first two charts update the bullish and bearish tracking counts.  For the bearish tracking, given the size of the rebound, the current rebound is much more likely to be wave D-up of a diagonal triangle/ triple three (Chart 2) than a fourth wave (not shown).

Chart 3 tracks the squiggles of the current rebound.

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