I'm seeing it now. The probability for a big move up is increasing, especially for the DJIA. Really looks nice after today. RUT looked great early last month (Great chart you posted for that one). I believe the Dow will outperform this month (breaching today's low takes some excitement out of the upside push). Looks like December will be an up month at this time with January likely a consolidation month with an upward bias. This is good stuff! In reality the big drop in March was nothing more than a historic shakeout. Gotta love it!
I'll take whats behind door #3,
Started by
slupert
, Nov 25 2020 11:20 AM
which scenario will you take?
13 replies to this topic
#12
traderx
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Posted 03 December 2020 - 07:13 AM
I agree with all you said sixpack!!!
#13
tsharp
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Posted 03 December 2020 - 12:03 PM
Trend still up for now, though a ST pullback sooner than later would not surprise me:
#14
tsharp
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Posted 03 December 2020 - 08:33 PM
SPX WEEKLY ANDREW'S FORK UPDATE
In today's price action on the SPX, we saw the price rise as high as to the top orange Andrew's Fork tine, as I said over the weekend it should, and with it being rejected for the second time, we are watching to see if wave-b:Y:2 is complete, or whether another pullback and thrust through will be the case... watching.
