Tuesday, May 10, 2011

comments and outlook 05-11-2011

Oops, missed the action today.  Reviewed my chart and it appears I inadvertently slipped the bottoms I was looking at about 1/2 a day left.   I need better tools than manually drawing the cycles, but tools cost money for the software and input data.....  So I suppose you will have to tolerate my occasional slip up.

Tomorrow we have the 22TD cycle down, the 11.2TD cycle up, the 5.6TD cycle down and the 2.8TD cycle down.  So it appears the day I was looking for today (due to my slip up) happens tomorrow.

Here is the chart:

GL traders, do your own analysis

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