The Bull Count I’ve Been Preferring Is Killed

Since the low at the green arrow has fallen below the low at the red arrow, this cannot be a nest of ones and twos. So this particular count is now killed.


There are other ways to count this bullishly: for instance, we can move the orange 2 over to this low, or we can move the blue 2 over to this low. Of those, I prefer moving the blue 2 over, making the correction a flat. It’s a bit convoluted the way we have to do it, but I’ll use it for the time being.

We need to get back above the green trend line.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.

3 thoughts on “The Bull Count I’ve Been Preferring Is Killed”

Leave a Reply to TSLAQ Podcast Cancel reply

Your email address will not be published. Required fields are marked *