Road to the Final Five?

 VLE 240m

(1) Trend Model Sell Signal

(2) Completion of Five Waves Up
(3) Reversal at resistance (blue horizontal)

(4) Divergence in Elliott Oscillator (lower high)

(5) Break of Linear Regression Channel

(6) Vortex Bearish Cross-Over

TZA 240m

(1) Trend Model Buy Signal

(2) Completion of Five Waves Down

(3) Reversal at support (blue horizontal)

(4) Divergence in Elliott Oscillator (lower high)

(5) Break of Linear Regression Channel

(6) Vortex Bullish Cross-Over

These 240 minute charts are making a statement,  but they are not Daily charts so how significant a statement is unclear right now.  Should the late weakness of Thursday carry over into Friday, we focus on the Daily charts and Daily Trend Models.  If they flip as well, than its a whole new ballgame.