Entertaining day.... We got the low yesterday the high today and the say the markets technical.... Mine's a double at that big bar.....!
SPX's 11 waves of the same scale may be equal to 3 waves, so there may be still two more waves, i.e., Wave 3)4 and Wave 3)5, or additional four more waves, i.e., Wave 3)3.2, .3, .4, .5 MACD turned sideways, ready to turn DOWN to the trigger line :eek: . RSI cut 70% line DOWN 2 times , the third or fourth time may be a true SELL signal .
mu, heres a 3 step pattern from 1987 where it dropped to the botom of the 1st step, the nikkei in 90 or 91 did a 4th step and blew thru the bottom of the 1st step. I couldnt find any charts on prophet that went back that far in nikkei. the chart u drew has a 4th step
heres a 3 step spx, maybe making a 4th, i am sure u guys will see waves in there, if i started studying now i might know half of what you guys know ,by the time i'm dead, thats why i come here, thanks for all the shows