On April 21, we forecast as shown in the chart ,below, that we were in wave 5 of intermediate wave C of cycle wave 2, down. Since, some days ago, we are playing the alternative count, shown in the above chart, as wave 4 (green) continue in play and today, maybe, wave b (brown) of wave 4 (green) in place and wave c of this wave starts it´s development. This wave should be very bullish. Lets see what happens in the next hours or days.
Saturday, April 21, 2012