The Fuzzies
Quick T/A update.
My software measures at different degrees of trend from VLT to VST. (Right or wrong, it tries)
About half the symbols I track (115 of 260) are on reversals today at ST or higher.
Almost NONE are reversing at higher degrees than that. (Appearances can deceive, Monday might change that.)
For EW’s this looks like a counter trend to a counter trend. A “b wave dead cat”.
Ie, nothing resolved here yet. (And that’s across a wide landscape.)
ALSO …and importantly, I do get warning alerts at VLT that I take note of.
In transition periods like now, they CANNOT lock in. But they warn that risks of major reversals could be near.
Pending stick saves, of course. THEY have their own tracking systems too.
(Which triggered THEM over Halloween obviously.)
LT or VLT bear moves are approaching. Clouds are getting darker.