We broke the Aug 07 lows. From a e-wave perspective, it's a LT sell !
Based on my weekly bull/bear indicator - depends on the close this week.
Just a heads up. Tighten stops if long.
Don't have time. More later...
LT Sell ?
Started by
NAV
, Jan 16 2008 10:41 AM
1 reply to this topic
#2
LarryT
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- Traders-Talk User
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Posted 16 January 2008 - 10:56 AM
We broke the Aug 07 lows. From a e-wave perspective, it's a LT sell !
Based on my weekly bull/bear indicator - depends on the close this week.
Just a heads up. Tighten stops if long.
Don't have time. More later...
We got out of longs the week 1564 was hit and have been shorting rallies and now that 1370 is gone we have technical indication the four year cycle bottom is now in front of us with May-June the time for the low with 1175-1050 the low zone. See the sentiment model post.
Best,
Larry
