Today “should” produce our A wave up and B wave down, leaving C up for Friday. Then a brief pop up on Monday to complete the entire wave 2 up and then wave 3 down to start afterwards.
Yes, 1-2 days is likely for this rally. We “should” but in a nice solid white bar on the daily candle chart either today or tomorrow. That leaves Monday open for the slight gap up to end the move and put in a nice topping tail. Of course if the momentum gets going on Monday it will turn into a crash wave 3 down.
SO SOMETIME MONDAY IS BEST TO SHORT?
They took out that spike today pretty quickly
probably short sometime tomorrow to play safe
Today “should” produce our A wave up and B wave down, leaving C up for Friday. Then a brief pop up on Monday to complete the entire wave 2 up and then wave 3 down to start afterwards.
Yes, 1-2 days is likely for this rally. We “should” but in a nice solid white bar on the daily candle chart either today or tomorrow. That leaves Monday open for the slight gap up to end the move and put in a nice topping tail. Of course if the momentum gets going on Monday it will turn into a crash wave 3 down.
Are you currently long HCA, or just waiting to short it?
ES Trend update: http://niftychartsandpatterns.blogspot.in/2012/10/es-trend-update_25.html
McDondalds trend update: http://niftychartsandpatterns.blogspot.in/2012/10/mcdonalds-trend-update.html
HCA, still early to get in on this divy play. I will be selling before the NOV 2nd Divy though.
jobless claims- what a joke. Maybe that’s because people become magically employed once they’re off unemployment with no job. lol