Monday, December 12, 2022 11:56:50 PM
"....we remain on the cusp of an impulse." [Down]
http://www.pretzelcharts.com/
"Since last update, while the market has technically done nothing, INDU has continued its rejection from the first blue 4 inflection:"
"I added some detail to the SPX chart, since I don't want the straight line pointing downward to be taken as an actual nuanced projected path. SPX does not need to follow the exact path shown below and probably won't, but this is more reasonably representative of the type of path SPX could take if we have already seen the start of blue 3"
In conclusion, no change from last update, and we remain on the cusp of an impulse. Trade safe.
http://www.pretzelcharts.com/
"Since last update, while the market has technically done nothing, INDU has continued its rejection from the first blue 4 inflection:"
"I added some detail to the SPX chart, since I don't want the straight line pointing downward to be taken as an actual nuanced projected path. SPX does not need to follow the exact path shown below and probably won't, but this is more reasonably representative of the type of path SPX could take if we have already seen the start of blue 3"
In conclusion, no change from last update, and we remain on the cusp of an impulse. 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.
