chartwatch, page-36

Update on the EW/ML (Andrews pitchfork) analysis of BLT. Still not violating EW theory imo. Could either be moving into wave 5 (impulse) as of now, having completed a rather quick wave 4 (abc) or else has merely completed a 3 wavelet 4(a) reversal and is now heading into a 3 wavelet (has to be 3 wavelets to be valid) impulse wave 4(b)

Just have to sit and wait while this plays out. Jesse Livermore would have surely approved.