No bear market yet 20/50 death cross happened today
shadow is going strictly on market profile and far more bullish then I am.
Now even though value area did not change much today (this was the reason shadow was bullish) we are now well below value so we will establish value much lower.
again this is wave 3 down. 2 up finish was not expected but TLT sales killed the move. ECO analysis is just as important as market profile.
Markets tend to fall quickly lets see if bond woes can subside.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.