Reading Time: < 1 minuteThe broad market #djia still in a correction? Will the spike or some other event causing another sharp down wave in the coming/weeks month? A five-wave down in Wave A. is a good indication that the correction is not over. Wave B is the sucker play, pump fake, bull traps, make you feel the market[More…]
Reading Time: < 1 minuteThe charts show that we are at an important juncture in all major markets; #Gold, #DJIA, #DXY, #EURUSD just to name a few. The market may be ready to take a turn for better or worst, depending on your stance in the market bullish or bearish. When the three-wave move is complete; does it mean[More…]
Reading Time: < 1 minuteDeceptive in its moves, The Expanded Flat Pattern’s push to a new low (in which at first glance) appears to be a break-out to the downside from a triangle pattern. The triangle pattern is legit; It’s just that it has formed in Wave (B) of ((B)). Some call this a false break-out, while it never[More…]
