I don’t know.
\nBut I ran across this EW post this morning (credit to Pretzel’s forum and pbeck66) and thought it offered up the two options that I’m considering most likely.
\nI have my own toolkit that gives me bearings. Then I look to EW to fit that into an outlook.
\nRight now, my weeklies are suggesting, after a bit more downside, that we do rally soon. But not for long.
\nMoreover, my monthlies suggest the steamroller’s shadow is already overhead … so ignore the pennies. The ball is still (barely) in the bull’s court but the possession arrow is pointing the other way .. AND the bullclock is winding down.
\nIn EW terms, we’re either in 1 down with a 2 up coming, or 4 down with 5 then 1 and 2.
\nThe difference basically comes down to a whether the next bounce forms a lower high or a higher high (or a failure in a 5th wave).<\/p>\n
I don’t know. But I ran across this EW post this morning (credit to Pretzel’s forum and pbeck66) and thought it offered up the two options that I’m considering most likely. I have my own toolkit that gives me bearings. … Continue reading ![\"spx\"](\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/12\/spx-6.png\")
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