So far odds are a wave -4- toward 2680 to 2570 off the February 2016 low @1810 is in progress. Wave -5- targets exist as high as near 4000 so 2018 is going to be a significant year for the longer term cycles.
LT...d:^)
Short term wave pattern
Started by
LarryT
, Feb 05 2018 09:33 AM
2 replies to this topic
#1
LarryT
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#2
MaryAM
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Posted 05 February 2018 - 02:04 PM
Sorry, it was a Janet Yellen rally - and she is gone. They are worried that they might stop buying those private debt, insured mortgage backed securities. They sure can't sell what they have.
#3
LarryT
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Posted 05 February 2018 - 04:50 PM
Trading today has forced a lower wave -4- window. New window is at 2570 to 2470. That said if 2470 fails support the fifth wave off the 2009 low at 666 is done. Gonna be excitin.
