Interesting to try to count this move from the 12/15 low. My main is that we are in a minuette wave c of a minute wave 2 of a minor wave 5 of an intermediate wave 1. (counting the minor wave 3 top at the 1/5 high).
If this is a minute wave 2 that is completing, it hard to say where it will stop, but this area around 1177 has a lot of short term sacred ratios and fib extensions coming together at the .707 retrace down from what I count as the start of minor wave 1 plus the b wave high this am. Interestingly, there were TDSEQ 13 and TD Combo 13 buy signals at the low bar so far in the 10 min chart and then a price flip.
TWT
Edited by Geomean, 11 January 2017 - 10:50 AM.
