The SPX has rallied in an up-down-up sequence since 3/12 and this could be a B-Wave rally top in the markets before a C-Wave reversal down by Monday. Today’s New Moon/solar eclipse is giving us a boost.
To follow the waves and turn windows in the SPX and gold, check out my blog:
this can be a powerful buy indicator. RE: DUST 60
Trader Dan Knows Why…and he is the only one I have read today who does
WE HAVE MACD CROSS ON 60 MINUTE RIGHT ABOVE ZERO–THIS IS WHAT THE BEARS WANT TO SEE.
I will use UCO…No charts now, will post later.
AND with a positive divergence…I would put my money on DUST in the AM.
After this ABC correction denoted above; this goes up per this EW count
The SPX gave us 5-waves down on the hourly chart early Friday – this confirms that the short-term trend is down for at least more correction. The SPX reversed up in Friday in a B-Wave that should peak by the 3/20 New moon/solar eclipse before a C-Wave down. Trader Jack
To follow the waves and turn windows of the SPX and gold, check out my blog:
March 16, 2015 at 6:30 am
Also another question is the dollar.
You mentioned the USD has started a new bull market – how many years do you expect the USD to last before a top ?
Thank you Tony
tony caldaro says:
March 16, 2015 at 6:32 am
USD started a bull market in 2011
Just recently getting noticed by the media
expecting a top 2017/2018