Loading ...This week the market generated a WROC signal. This signal usually precedes an uptrend confirmation. Over the past 50+ years its success rate has been 96%
Last time this WROC signal flashed, I ignored and was wrong. I was bearish today up until I read this report. EW does hold merit with the longer trend.
Looks like Shorts are between a WROC and a Hard Place
🙂
Whats a WROC ???
“Proprietary signal”…As I recall, weekly rate of change. Not sure how it’s applied.
I can see it now…short covering propels us to new highs–same old song and dance.
Any thing with a 96% chance of happening in the markets sounds too good to be true
sooooo !
I WOULD NOT short until one visualizes the big red candles…that’s all
a wroc is what you hit just before you become a wreck.