Without really messing up a chart with too many things...bull on the oex....bear on the spx...which has two paths
A five wave down from yesterdays top might mean we are heading to the C=A at 1375. A three wave move and we might have the March lows in sight with a "d" and "e"
The bull count on oex is that this is a deep wave 2 of an ED up.
It does seem no matter what the count...we "should" (and use that word guardedly) have a playable bounce coming ..maybe as soon as this morning.
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The continued bull and bear of it
Started by
eminimee
, Aug 10 2007 06:40 AM
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