We are in an ABC wave 2 counter trend reversal IMHO... In the short timeframes the trend is down.
Of course at any given moment the odds are 50/50 but it looks a lot like a setup to go down soon to me.
KD Formerly "Kauai Dave of kauai Daves TrendTraders" over on eSignal and TCNet
I use a lot of different charts if you like this one talk to Mort Diggiddy