$SPX - Chart Link - one thing I discuss on
the newsletter, while we may go higher, I can't count the move up
as impulsive, i.e. 5 wave patterns - it's all chop and this 30 min
chart illustrates that well
so it tells me that while the market could push higher, it's not
impulsive waves, it's corrective patterns
Chop corrective waves not impulsive moves
Posted by matt on 26th of Apr 2020 at 05:11 pm
$SPX - Chart Link - one thing I discuss on the newsletter, while we may go higher, I can't count the move up as impulsive, i.e. 5 wave patterns - it's all chop and this 30 min chart illustrates that well
so it tells me that while the market could push higher, it's not impulsive waves, it's corrective patterns
Robert Miner thinks the market
Posted by EdZ on 26th of Apr 2020 at 06:58 pm
Robert Miner thinks the market is close to it's highs and will eventually go much lower.
Yes eventually I am sure
Posted by under80 on 26th of Apr 2020 at 07:06 pm
Yes eventually I am sure it will go to new highs but does eventually mean in the next 2-3 months or 12-18 months?