Well i wish i held that long i had from Friday night, banked way too early but cant complain, profit is profit. The wave B i had going didnt retrace the whole of wave A and in fact the closing candle finished bang on the 61.8 retrace. So that count is still valid and looks a pretty good expanding flat. In fact only the DJIA made a new high while the rest of the indices did not.
Normally i look for the MACD histogram for clues on the 2 4 and 8hr charts and currently theyre all not very conclusive so will step aside and let the market do its thing. If the expanded flat was valid, its got to collapse pretty soonish as the next wave would be a C down of wave 2
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