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i think we already know the answer....UP 12/8/13

GREAT LINE - Amazing how we broke it and whoosh for 8pts - nicely done! 
 
-D 12/9/13

[3/21/2014 8:28:46 AM] Nicker: a possibility for TF: There was a 5 wave up from Mar 14-18....3 days. If ffollowed by a corr abc down of approx same time length, then a down Mar 19, b up yesterday, possibly c down today, to sw low 1183, or to 1178 (127% abc) or to 1179.4 (61.8% of upmove 3.14-3.18) 
[3/21/2014 8:30:11 AM] Nicker: I have no bias there, just being aware of the landscape and seeing where the road could wind, through the hills. 
[3/21/2014 8:32:28 AM] Nicker: the aboove is just a short-sightline though, in big picture 
[3/21/2014 8:36:08 AM] Nicker: . would be negated if TF goes above 1207-10. btw 1212 i've mentioned for many weeks as an upper minimum target off median line[8:58:10 AM | Edited 9:03:28 AM] Nicker: fwiw fri 8:30 read is what did unfold, which leads to, first, completion of wave C down, started Fri.. One might expect C to go down to 1178 minimum (127%), which is near 1179.5 a 61.8% retrace of upmove 3.14-3.19. C is already as long as A was, so there is no need to drop below the swing low 1183, support throughout March. Wave C could also drop as far as ~~1170 and still be corrective. 
[9:18:49 AM | Edited 9:21:04 AM] Nicker: or it could turn out to be wave 3 of Wave 3, if Wave 1 went from Mar4 down to Mar 14. There is support for this possibility: 1) the fri. high, top of wave B up was slightly higher than theMar 18 beginning of wave A down. That would be odd for a corrective wave, as they usually angle up at ~~90 degrees and do not re-reach the top; 2) The larger downmove from Mar3-Mar 14 is a Wave A down of larger degree, and it is highly possible that friday began Wave C down for that degree, which, over a week could take TF to 1162, 1160, 1153, 1137, even 1128. Then we could re-assess whether the whole move down had been corrective, or if that would be a top. 
[9:24:16 AM | Edited 9:34:32 AM] Nicker: If you look at the angle and high of move up from 3.14-3.20, compared to the high and angle down from 3.7-3.14, that looks more like a corrective ABC we're in, on the Daily scale ( unlike the impulsive look of the move down on smaller scales (240min on down) . 
[9:27:12 AM] Nicker: But, should TF drop below 1131, ..... that's another story 
[9:39:50 AM] Nicker: Long speculation short, we'll see, but right now chart is not showing me as many clues for an immediate move above Fri high 1205 as it is showing clues for going down next week and then possibly taking off north to new highs. 
[9:46:29 AM] Nicker: However, as always, I do see where such a sooner move to new highs could appear even by late Mon orTues of next week. And, as always, that is also when we can expect upward retracements even if the direction for the week would be down. 
[9:46:38 AM] Nicker: I'm done. 3/22/14