AI
Tuesday, March 20, 2018 12:31:39 PM
Jeff
I liked Pretzel's take today, in that the possibilities right at this point in time, are endless.
Have we started C down, maybe?
Are we continuing up in a correction of the drop to the Feb lows, maybe?
Are we in a nest of Bullish 1, 2's, maybe?
This really bullish view is that we are in wave ii of wave 3 up, maybe?
My favorite and not because I want it most, is that we are in a very messy corrective wave iv that when finished, means we have wave 5 to go. In this view we have not put a top in.
To go along with that thinking, wave iv/4's are notoriously hard to trade, the minute you think you have it figured out it does something else.
As Pretzel says always.....Trade Safe.
I liked Pretzel's take today, in that the possibilities right at this point in time, are endless.
Have we started C down, maybe?
Are we continuing up in a correction of the drop to the Feb lows, maybe?
Are we in a nest of Bullish 1, 2's, maybe?
This really bullish view is that we are in wave ii of wave 3 up, maybe?
My favorite and not because I want it most, is that we are in a very messy corrective wave iv that when finished, means we have wave 5 to go. In this view we have not put a top in.
To go along with that thinking, wave iv/4's are notoriously hard to trade, the minute you think you have it figured out it does something else.
As Pretzel says always.....Trade Safe.
Join the InvestorsHub Community
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.
