ajtj99's Market Pulse

[The Freep]

AJ -- since that chart shows a possible completed 5 waves down, the overlap with 1 down is meaningless, isn't it? Now, it's possible that it was 3 waves down and we're done correcting. Or it could be a 3-3-5 or 5-3-5 taking place. It's gonna be hard to know any of those options til later. Regardless, this move up is exceedingly sharp and continues to prove the point we both agree on -- shorting here is only for nimble quick hits, and the bias of the market remains up.