- [Green count]: It’s an A-B-C. Advantage of this count is greater longterm agreement with the bullishness of the overall market. Disadvantage is the super-grindy nature of the present advance.
- [Pink count]: It’s an W-X-Y. Explains the grind well.
In either case, we should at least get a trend line strike, still 8% above us. We’ll see how it behaves when it gets there.
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.