What a day. Bonds rallied big time. Stocks had a good run through the early afternoon and then WHAM!!!
Something seems wrong when stocks AND bonds move in sync. I'm having difficulties counting waves. I wonder if todays action completed waves a and b of a larger ending diagonal to be completed tomorrow?
At least with the NAZ there should be no question about counting wave off May Lows. The Dow and SP500 could have one more motive wave. even then it should only move enough to break last weeks highs.
With charts so muddy, there's got to be a crash in the works. Crashes happen when no one expects then, I guess bears should be included.
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