I haven't had time to study the markets hardly at all lately but I've become an unexpected baby sitter for a few minutes so I figured I'd sit down and take a look. Looks like the hagopian has been met and there has been a rally. Price has reached the median line of the green fork twice now and does not seem to be gapping/zooming through. In addition, price is at a zoom zone on the previous downtrend area. Looks like a good place for the whales to say "not this time" to everyone who is getting all bulled up. On the other hand, after meeting the hagopian objective, I suppose it's possible we could re-test the LML of the blue fork. That would be pretty wonderful but I am not very hopeful of such a thing. Thoughts? Thanks.
Edited by dpilot83 5/18/2015 08:38
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