Tomorrow am should be the top
I thought 196.5 would be a good place to short..but that is where we closed on Friday.....the ascending triangle, makes it lightly a gap opening on Monday..with a little bit of follow through....197.50 is where I will short if possible.....
I feel that this sell off was the 10% that everyone was looking for, and we spooked out the weak longs....and will be considered the 4th wave...and this is the beginning of the 5th blow off wave....which is a top, that a bull market of this stature requires...I will be bullish as long as we don't drop below 190
I feel that this sell off was the 10% that everyone was looking for, and we spooked out the weak longs....and will be considered the 4th wave...and this is the beginning of the 5th blow off wave....which is a top, that a bull market of this stature requires...I will be bullish as long as we don't drop below 190
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