below local/trend resistance and recent support acting as resistance for now, not a good sign for longs. Watching for longs above 58.02, shorts below 55
I have moved in puts across all indexes a banking event jan 26
Short EWT with 2.4N SL (S3) Rising wedge breakout possible wedge re-tested
Was wondering why Asia looks like crap tonight, Taiwan is getting rekt.... down over 5% Keep an eye on EWT, this may wind up on my trade list
I might be being a bit over-optimistic here as always you can find a count that fits a more bearish direction if you look for it. I like this one however for now but I am still curious if, when and where we are going to see a decent wave 2 correction/pullback before it continues higher. Since the "crash" in February, it, along with many other indexes has been...
Money Wave Buy Signal on EWT when the Stochastic Closes > 20. stockcharts.com