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Wednesday, December 4, 2013

GLD

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This is what I've got for the wave b on gld. The one observation is that the 5 waves down from wave -ii- to the wave -a-, is that all of the retraces were shallow except for the first small a-b wave. There's a Gartley Pattern on the Daily but it is stretched and the Fibs also work for an CRAB pattern .Crabs can go to 3.618,and as little as 1.618. There appears to be 5 (green/10 min.) in the current 5 waves so maybe it will be an 5-3-5 for the wave b count. Good luck!
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