Tomorrow is the last day. It has too breakdown and fall into a 5th wave down on Friday, or else the 5th wave isn’t going to happen. We should start our larger wave 2 up next week, but I don’t have a clue as to how high they will be able to push it?
It just seems to soon though. I mean, gotta make people think that there’s hope. But then again, there have been plunges into mid-week OPX, like during the Fukushima artificial disaster. This is a tough one.
The pattern I’ve been trading says tomorrow ends much higher, but that would require a gap up, mid-day plunge and late run-up……so I’ll be watching.
If you are going to wait for the vix to completely bottom out I suspect you will be late to the party.
Agreed – could be short covering from Europe as an excuse. That’s really being pushed on the media.
Tomorrow is the last day. It has too breakdown and fall into a 5th wave down on Friday, or else the 5th wave isn’t going to happen. We should start our larger wave 2 up next week, but I don’t have a clue as to how high they will be able to push it?
If it doesn’t break shortly, I’m waiting until the uptrend is totally complete and the VIX bottoms out.
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I think we’ll go down in the morning and up into the afternoon (unless certain support trendline are broken)
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It just seems to soon though. I mean, gotta make people think that there’s hope. But then again, there have been plunges into mid-week OPX, like during the Fukushima artificial disaster. This is a tough one.
The pattern I’ve been trading says tomorrow ends much higher, but that would require a gap up, mid-day plunge and late run-up……so I’ll be watching.
Maybe that’s the bottom of the next wave down?
Red’s 885 or so FP looks pretty reasonable if it does break. Or lower.