The move this morning hit 1551 and threw a pin up into an old orange trendline for the larger channel. 1532 is the .382 retrace of the 50-pt wave 3 move. If we can make that, then a 19-pt wave 5 will take us back to 1551 for a potential double-top. It also gives a ratio of 2.618 : 1 between W3 and the proposed final W5 move.
Taking my girls to this lecture at UW tonight, after a round of Friday pho.
Patience, patience ... the month of March is all about reversals.
Hey! I'm not a McHugh salesman or anything, but he does have a pretty good deal on his newsletter, running for a few more days: 9 months for $99, about thirty-six cents a day.