Seems like a lot of panic over such a relatively small decline

Discussion in 'Trading' started by Scataphagos, Dec 26, 2018.

  1. LanceJ

    LanceJ

    Somewhere between 33% and 66% pullback in the Dow 30, Transportation confirmation, Trend continuation?
     
    #11     Dec 27, 2018
  2. Recalling off the top of my head... Prector is calling the upmove as the "Grand Super Cycle" high. Minimum expected decline = "prior 4th wave of lesser degree". IOW, retesting the 2009 lows at a MINIMUM. Factor THAT into your "Trend Continuation". We'll see. (Beyond my pay grade to make such a forecast. Just spit-ballin' it for consideration.)
     
    #12     Dec 27, 2018