Posted by chartboy on 27th of Feb 2021 at 12:23 am
He was pretty adamant about a reversal at the 3907 number. We
did run through and of course have reversed. However, there is
another equivalent level at 4007. Also, he previously had a Wave 5
target below here. So, I am not sure his models would look at this
so much as a powerful rally, as perhaps instead exhaustion moves.
Though I know, those types of qualitative assessments are not
really part of his jargon.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Also just printed a tom
Monthly shooting star topping at the 3.618 expansion.
Posted by elliotw on 26th of Feb 2021 at 11:46 pm
Also just printed a tom demark 9 sell sset up. so may be a reason to briefly pause in the powerful up trend
He was pretty adamant about
Posted by chartboy on 27th of Feb 2021 at 12:23 am
He was pretty adamant about a reversal at the 3907 number. We did run through and of course have reversed. However, there is another equivalent level at 4007. Also, he previously had a Wave 5 target below here. So, I am not sure his models would look at this so much as a powerful rally, as perhaps instead exhaustion moves. Though I know, those types of qualitative assessments are not really part of his jargon.