That was just the end of the 3rd wave

It doesn't take a genius to recognize the significance of this sell off.....it bounced right off the 10 % correction or 20 handles off the high...which I said should be the low....last night.....I just didn't think it would happen so quick... ..perhaps in a few days......but then again the machines are now in control

As that was the end of the 3rd wave....its time for the 4th....sideways action...very choppy because of earnings....we have one more leg down next week...176 SPY ......It wouldn't surprise me a news event relating to Ebola is the catalyst ......

....

Disclaimer