Could be, as that’s about the top of the triangle. They could leave the market stuck in it over the weekend and then gap out over it on Monday. It’s pretty common to leave everyone guessing, so that seems like a logical thing to do.
Of course if they breakout of it before the close the market should take off in a wave 3 of C up. No way to tell at this point.
I see this brief move down as a wave 2 down inside a wave C up. We are also in a triangle and might not breakout today? But I see a wave 3 up inside a C up starting soon. Should carry over into Monday as well.
well, that was certainly a hell of a day
No, only the bond market and the banks are closed Monday
Market’s closed Monday
Could be, as that’s about the top of the triangle. They could leave the market stuck in it over the weekend and then gap out over it on Monday. It’s pretty common to leave everyone guessing, so that seems like a logical thing to do.
Of course if they breakout of it before the close the market should take off in a wave 3 of C up. No way to tell at this point.
maybe just break 139 for now
I see this brief move down as a wave 2 down inside a wave C up. We are also in a triangle and might not breakout today? But I see a wave 3 up inside a C up starting soon. Should carry over into Monday as well.
lol. we could possibly hit it today
I see about 1430 spx before we rollover again. That could happen on the 15th as that’s another “eleven” day.
Thank you Anthony.
Bought some longs this morning near the lows, I will liquidate those longs for the end of the day. Buy some shorts,I see lower lows next week.