Careful up in here. There's at least one EW count showing a top
to an ABC right about here, +- . A top for the next few weeks, with
lower lows to come. If the 2 pm high holds, it's a lower high on
day, and we should see SPX begin to impulse down. Internals don't
support a turn, however.
Careful up in here. There's
Posted by frtaylor on 7th of Oct 2015 at 02:43 pm
Careful up in here. There's at least one EW count showing a top to an ABC right about here, +- . A top for the next few weeks, with lower lows to come. If the 2 pm high holds, it's a lower high on day, and we should see SPX begin to impulse down. Internals don't support a turn, however.
Here's the bullish interpretation: symmetrical
Posted by frtaylor on 7th of Oct 2015 at 03:01 pm
Here's the bullish interpretation: symmetrical triangle.