The e wave pattern suggests to me a low Jan 14 and then a rally into the new moon Jan 20. Right now downside should be contained around 2014 and upside around 2084 SPX.
It is looking more like a distribution topping action here. Right now I don't think new highs are coming as I previously thought (with exception perhaps of the DJIA).
We could easily have a gonzo OPEX day like we had last Thursday.
Friday Was 8 TD Cycle Top
Started by
blustar
, Jan 13 2015 01:22 PM
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#1
blustar
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blustar
