As you know, the market didn't like that jobs report, futures
closed down 20 points.
I will post some charts later on that you find interesting,
otherwise unless things recover quickly, the market could be going
in that primary wave 4 that Steve and I have been worried about,
which could lead to a 15 - 20% correction, the largest correction
since 2011. and that's the bull case.
ES 15 min
Posted by matt on 3rd of Apr 2015 at 05:19 pm
As you know, the market didn't like that jobs report, futures closed down 20 points.
I will post some charts later on that you find interesting, otherwise unless things recover quickly, the market could be going in that primary wave 4 that Steve and I have been worried about, which could lead to a 15 - 20% correction, the largest correction since 2011. and that's the bull case.
wave 4
Posted by crazybobo1 on 3rd of Apr 2015 at 11:12 pm
Could you post a longer term chart again, of your wave 4 scenario. Thanks.
what would the cash spx
Posted by himsa on 3rd of Apr 2015 at 05:24 pm
what would the cash spx price be if futures closed down 20 pts?
2047
Posted by junkie on 3rd of Apr 2015 at 06:51 pm
2047