TSE Jan 7

tse-jan7

    This could well be the end of wave c of the triangle  (a-b-c-d-e) leaving the d and e still to go. Alternatively it is a minor wave 4 of c in a-a-c counter trend. Eitherway no action should be taken at this point as it is wiser to see if the d and e will actually materialize over next few days.