AI
Wednesday, September 26, 2018 9:39:51 AM
Not Much To Add
http://www.pretzelcharts.com/
"Not much to add since last update. SPX currently appears to have three waves down from the all-time high, so sustained trade beneath 2912 could suggest an impulsive decline:"
"The only issue there is that the top isn't clean and could well be a b-wave, in which case an impulsive decline would end the decline instead of being the decline. In other words, this remains a tricky market wherein we can't yet take anything for granted -- but despite that, an impulsive decline would still help give bears a theoretical edge here. Trade safe."
http://www.pretzelcharts.com/
"Not much to add since last update. SPX currently appears to have three waves down from the all-time high, so sustained trade beneath 2912 could suggest an impulsive decline:"
"The only issue there is that the top isn't clean and could well be a b-wave, in which case an impulsive decline would end the decline instead of being the decline. In other words, this remains a tricky market wherein we can't yet take anything for granted -- but despite that, an impulsive decline would still help give bears a theoretical edge here. Trade safe."
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