I think adobe will decline to the blue line.. say 53.00
This is an interesting one... would personally like to see more confluence with the upper pitchfork line and the FWL
Looking for some wicks here.
hmmm... I would like to see this break through resistance and continue up
A good reaction from the FWL and the pitchfork ML, would have been nice to get in there. Will she hold and continue upwards?
Sitting right on the Schiff upper pitchfork, I will be watching to see how price reacts to this area.
We are right at the top of a 5th wave ending diagonal, it reacted precisely to the fox wave line, expecting this one to dive. Nice looking pattern!
Looking for more of rise before then declining,(if it makes the pitchfork and fox wave line intercept)
Looks as if we missed the long entry on Macca's. But in combonation with a H+S could proved to be a good buy and hold.
You can see that price is nearing the upper fork, we could see the fork touched and thus a retracement maybe on it's way after an extended rise.