Replies to post #136417 on Simple's Green Room

[pennies2007]

Hey Heavy, I had some quiet time today and was looking through some charts. I went back over that NU chart and realized that sharp pop had to be a Wave 4 retrace. Here's the correct count. It actually finished up a Wave 5 move along with a Wave 4 retrace on AU...sympathy type move since they usually track together.

So more downside potential does exist on NU but we need to get a fresh count moving in the other direction first to confirm.

NU 30 Minute Chart...