ducati - for this pullback to be a sub wave b it needs to find
support VERY soon, otherwise the initial wave B high may be in.
Initial wave B does not have to abc up like I showed
also remember from my weekend stats - if we are in some sort of
bear market, I would not be surprised for Dec to end the month
down, as Nov and Dec tend to be down months in bear market
years.
funny how other day some people were asking if we could have a
bullish W bottom - I think this action answers that, we never
supported that view anyway
Matt- S@Prepelled from 2800 three
Posted by ducati on 4th of Dec 2018 at 01:39 pm
Matt- S@Prepelled from 2800 three times now. How bearish is that
ducati - for this pullback
Posted by matt on 4th of Dec 2018 at 01:43 pm
ducati - for this pullback to be a sub wave b it needs to find support VERY soon, otherwise the initial wave B high may be in. Initial wave B does not have to abc up like I showed
also remember from my weekend stats - if we are in some sort of bear market, I would not be surprised for Dec to end the month down, as Nov and Dec tend to be down months in bear market years.
funny how other day some people were asking if we could have a bullish W bottom - I think this action answers that, we never supported that view anyway
Thanks
Posted by ducati on 4th of Dec 2018 at 02:00 pm
Thanks