Reading Time: 3 minutesSource: Deacons docs / Shutterstock.com The U.S. national debt just reached $33 trillion for the first time, heightening concerns about America’s fiscal health amid signs that the economy is slowing and with a government-wide shutdown looming on the horizon. According to projections by the U.S. Treasury Department, the national debt in the U.S. is on
Dissecting The All Too Famous Zig-Zag Pattern
A zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The wave sequence is 5-3-5.
- A three wave move in Wave A, signals a flat or triangle for Wave B
- A triangle always occurs in a position prior to the final wave
- Wave C is the final wave in the sequence