12-02-13.The weekly chart shows 2 year down trend much like all the others.
On the Daily chart theres a Bat Pattern and on the 60 minute chart
is a wave count.It should be a wave iv now with the wave v
just above the break out.(Market edge has that as resistance also)
That should be wave 1 (daily) ,how deep it retraces remains to be seen.
My guess would be the edge of the cloud formation
at that time. That's the proper place to go long is at wave 2.
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