Shorting Rallies into October 28-31
Tops are unpredictable and volatile. Shorting rally spikes into the cycle low due late October.
Most bearish window where a tradeable low would come in may be the October 28-31 weekend.
Wave structure offers many possibilities here but the late October cycle low should sell things down to at least SPX 1170-1180 minimum if not the 1130-1140 target.
Most bearish window where a tradeable low would come in may be the October 28-31 weekend.
Wave structure offers many possibilities here but the late October cycle low should sell things down to at least SPX 1170-1180 minimum if not the 1130-1140 target.
posted by chartblog at
3:27 PM
1 Comments:
like you I thought this cluster would be a low so I guess we are looking at a top now...
http://chartramblings.blogspot.com/2011/10/pinnochio.html
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