Replies to post #42412 on The TradingEdge

[jxyzobrien]

No bear market yet
20/50 death cross happened today

shadow is going strictly on market profile and far more bullish then
I am.

Now even though value area did not change much today
(this was the reason shadow was bullish) we are now well below value
so we will establish value much lower.

again this is wave 3 down. 2 up finish was not expected but TLT sales
killed the move. ECO analysis is just as important as market profile.

Markets tend to fall quickly lets see if bond woes can subside.


http://schrts.co/dCHHJg

[kchan24]

Market enjoyed run up with QE. I think the reverse QE started last month will start the bear market.