
I Bought some DTO on the break back below of trendline on OIL. Also sold half of SOL. Still expecting more time for minor 2 to complete. We may be in a b wave lower and then a c higher to complete 2 and then all hell breaks loose in wave 3,3,1
Stock market analysis trying to determine future market direction. All charts and commentary on this blog are for recreational purposes only. In no way should this be construed as trading advice or a recommendation for investing.
I have been really busy branding fencing and getting the house ready for the baby and haven't been around the computer much at all, but it looks like bulls are in trouble this week lots of wave counts most showing us going lower some alot lower.The SPX had a bad day revesing at the 200 day and closing under the 13day again. It looks like it could get real ugly under 1040 and maybe bounce just under 1000. I got stopped out of all longs on friday and waiting for a bounce to short. I knew I was overstayin on the long side but we should get a chance to enter short this week hopefully before my pregnant wife and I have our first child hopefully soon the due date is the 9th.