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Old 05-01-2008, 11:27 PM
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At the moment, price already touch the lower trendline. Either there will be a bearish continuation, I can only determine later. Please study both alternate counts which is the downtrend subwave counts in cyan and the white count. As long the bearish critical line still intact, I believed there will be a major bearish trend later. Otherwise, we may see a bullish trend later according to the a, b & c in white count. Preferable to wait for a bearish continuation signal later from BSTS as long the scenario still valid. Good luck.
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