FB, GOOG update March 16

FB: Well that ED didn’t pan out as expected in the sense it didn’t hit the price target it normally foretells. Instead we now see a fractal developing between now and fall last year. This then should be the last wave up to compete Primary I. The advance is overlapping and terminal diagonal triangle forming

fb

————————————————————————–

GOOGL: The advance since the February 8 low has been very sloppy and overlapping. Counts based as a series of abc’s in our opinion, unless the market thinks that’s a leading diagonal triangle somehow (if so we’ll give up on counting waves, cause that would be totally messed up). For now we have a c=a target at about $765-$770. That would still fit within the bear flag that is forming. For now all TIs are pointing up. No sell signals.

googl

————————————————————————–