actually it's nice to see futures up tonight and hopefully it
holds until tomorrow. The wave counts are much better if the
indexes make another high to complete a 5th wave up for the bulls.
Then I would look to buy the next ABC pullback retracement of
the 5 wave move off the lows if it's reflexive and not
impulsive
Marco....
Posted by marketguy on 9th of Oct 2011 at 09:37 pm
now a "cash" call from short (gotta love it when they make these changes after hours "after" the futures are up almost 20 pts )....
actually it's nice to see
Posted by matt on 9th of Oct 2011 at 10:00 pm
actually it's nice to see futures up tonight and hopefully it holds until tomorrow. The wave counts are much better if the indexes make another high to complete a 5th wave up for the bulls. Then I would look to buy the next ABC pullback retracement of the 5 wave move off the lows if it's reflexive and not impulsive
Pullback
Posted by winter39 on 10th of Oct 2011 at 06:42 am
Matt,
Could you please show that on a chart, as though it happened?
Thanks much.
Winter