I was thinking this thing will hit the bottom channel line to complete wave 4 before a desperation wave 5 comes. However the "desperation" might already have started. And market follows what Feds "think".
Let's see where they take it next after a little more correction.
Lines that (monthly) SPY likes
Started by
dadook
, Oct 21 2014 09:34 PM
1 reply to this topic
#1
Posted 21 October 2014 - 09:34 PM
#2
Posted 21 October 2014 - 09:36 PM
I was thinking this thing will hit the bottom channel line to complete wave 4 before a desperation wave 5 comes. However the "desperation" might already have started. And market follows what Feds "think".
Let's see where they take it next after a little more correction.
Wow, and that 07,08 crash starting to look smallish next to this recent rally.