|
PureBytes Links
Trading Reference Links
|
The rebound Friday could very well point to a more complex 4th wave
correction taking place. An abc x abc could very well be taking shape.
In any case, there is no impulsive 5 wave move up to be seen. The last
8 trading days show overlapping waves. A barometer of corrective moves.
Since I am already short, the point where I am wrong is at 8415 DJ Dec.
An overlapping of Wave 1 would negate the count. What else can you do
now but sit and wait? The parameters for the trade have been set.
|