DeMark D-Wave Analysis (Part 3)

Following on from the last post .... Tom DeMark's objective wave counting routine counts out an impulse (1-2-3-4-5) pattern from the March 2009 low. I always try to make an A-B-C count after an impulse so I am expecting that from the April high.

Note the possible RSI divergence developing. We also have a perfected TD Sell Setup on the weekly chart now. So, possible exhaustion here but certainly not confirmed yet. If so we could be ending wave B of an Expanded Flat or Triangle.