AndyM
Short

MSFT still rising, a few days to go

NASDAQ:MSFT   Microsoft Corp
77 0 4
Hi All!
I revisited the labelling of MSFT             today in order to see if there's any new development hinting at a potential turnaround in indices. With MSFT             still completing its wave 5 up, indices will be reluctant to fall. We need to allow them a few more days to get done with the advance. Once MSFT             is done rising, indices will have a chance to start a good decline.
Notice the declining volume in the red B wave. Nothing has changed - despite the mighty advance seen in the last few days this is still a counter-trend affair and it will be retraced.
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