I was very wrong about the immediate downside move after the big down day yesterday. Short term the market is very oversold. $vix gives buy signal (cl ...
Very strong downside momentum. Even with the less bearish scenario (wave 5 instead of C), it takes time to form a tradable low. See what happened afte ...
Two possible scenarios from here: (1) less bearish count is current down move is wave 5, (2) more bearish count is wave B is over at 1669, wave C down ...
EW primary count is (a) of wave B or 2 finishes at 1669 (30 points). 61.8% of (a) is 1650. Market is vulnerable. If breaking the low at 1639, the boun ...
Watch 38.2%, 50%, and 61.8% fibs at 1666, 1674, and 1683. There is also a gap at 1685. Gap resistance is strong. If immediate new low next week, the b ...
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