Re: (ii) of 3... Was it an impulse correction and that was it... or will it be an abc up to finish the correction and call it (ii) of 3 and then move down into (iii) of 3
I have a headache... I will be back well before the open to post min charts with the current rally and retrace fibs for a possible b of (ii) of 3 but for now here is the daily chart with the (white) set I'll use on the min charts.
Today could be a of (ii) of 3 Tomorrow's b of (ii) of 3 "if it sells off and bounces" could be between 803-818+/- T-3 can stop it but it could go as high as 89% for c of (ii) of 3
And that will be more than enough of this city group housing sales down but better than expected obama selected his team "not until next year" HP or any other CRAP excuse the media pumps so the boys can distribute I can't believe I didn't see this coming much sooner... like friday.
I'll label it better on the min chart but like I said this will give an idea of what I'm looking at.