Shack, I see the following, coming dilemma:
Tomorrow, I think we go down..if not at open, soon after...Qcom I think will drag down Soxx, which will drag down COMP...so we get a little breather...if we gap up somehow, I will go to a 3/4 position on my short, and I think that'll be a gift..
Having said this....the new count looks right, and makes sense to me (5-3-5, right?)..If so, down tomorrow would mean a "2" here,no?..
The dilemma? I don't wanna get caught when the 3 of this C starts...it could/should be massive..having said this, Monday's morning's gap screams to get filled (at some point)....but will it be done on the 2 down here?
I guess I should be looking at some Fibo's here...whadda put odds that any down tomorrow morning could be 4 of some kind? (meaning a 5 rally coming soon after) |