Looking @ Bbands and a possible trend line for a more realistic 3 of 3 for the 5th wave.
All snapshots. These will not update.
• 60m possible trend line for a more realistic 3 of 3 for the 5th wave. • Daily: needs to start pushing down the Bbands and show expanding volume. • Weekly: Now here are some encouraging Bbands for shorts... OEX currently down 2.48% for the week. • Monthly: Here's the rub in my 350 target. 382+/- a buck or so, is the 2002 low and could be the 3 of 3 and possible truncated 5. On the other hand... Breaking the 02 low could promote capitulation and cause the whiplash big bounce I'm looking for... coming soon for a year end rally. Currently down 11.48% for the Month.
60m possible trend line for a more realistic 3 of 3 for the 5th wave.
Daily needs to start pushing down the Bbands and show expanding volume
Now here are some encouraging Bbands for shorts... Currently down 2.48% for the week.
Here's the rub in my 350 target 382+/- a buck or so, is the 2002 low and could be the 3 of 3 and possible truncated 5. On the other hand.. Breaking the 02 low could promote capitulation and cause the whiplash big bounce I'm looking for... coming soon for a year end rally. Currently down 11.48% for the Month.