Doesn’t look good for a bounce Anthony but one is coming. It might not be much though as what we had yesterday could have been it? However, we could rally Wednesday on something Bernanke says and continue into Friday.
Wouldn’t that be crazy if we rallied back up for a wave 2 into Friday and then crashed next Monday for a wave 3 down? Monday is the 29th and we’ve had prior bad days on October 29th… will history repeat?
Problem is that we topped on the 18th and have now sold off into the 23rd. So we could have a short term bottom here BigHouse. Legatus was correct that there was a turn in the market but I got the direction wrong for the 23rd.
No, I wouldn’t get short now either Anthony. They’ve sold off too far now and need a decent bounce. Of course we could crash and not get a bounce? But I still wouldn’t go short at this level.
Doesn’t look good for a bounce Anthony but one is coming. It might not be much though as what we had yesterday could have been it? However, we could rally Wednesday on something Bernanke says and continue into Friday.
Wouldn’t that be crazy if we rallied back up for a wave 2 into Friday and then crashed next Monday for a wave 3 down? Monday is the 29th and we’ve had prior bad days on October 29th… will history repeat?
LOL… the market looks sick, that’s for sure!
can i order my honey bars comin or should i wait till friday?
So you think we’re going higher then?
EURUSD Golden cross update: http://niftychartsandpatterns.blogspot.in/2012/10/eurusd-golden-cross.html
Problem is that we topped on the 18th and have now sold off into the 23rd. So we could have a short term bottom here BigHouse. Legatus was correct that there was a turn in the market but I got the direction wrong for the 23rd.
Looking good on the OCT 23 rd call Red. Hoping market is down 500 on the DOW
No, I wouldn’t get short now either Anthony. They’ve sold off too far now and need a decent bounce. Of course we could crash and not get a bounce? But I still wouldn’t go short at this level.
Not even worth getting in yet now with this big opening gap
WOW! Huge gap down after running it up yesterday. What trickery!