Too late for a fast d-blow on the fast, as it's past the 50-level. The 60-minute is channelling towards overbought, and we might have one more push up in the AM before a re-trace starts. Clear 4-waves up on the indicators on the 60-minute, which you don't see too often. 5th wave up pending:
stockcharts.com[h,a]eaclyiay[pc9!c13!c20!d20,2!h.02,.20!c50!f][vc60][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1!Lc10]&pref=G
I think we'll get to the 1391-1397 level tomorrow and possibly re-trace part of the move up from 1346 after that. |