Replies to post #36499 on Short Term Trading Member Forum

[techcharter]

I've caught the e-wave

THe markets did consolidate today (wave 2 of c of wave 2 flat), but only for the first half. The rest of the day was rally mode wave 3 of c of wave 2 flat). This is shaping up to be an ending diagonal. This implies friday will head down through the opening followed by one last rally, most likely into the close.

This ties together nicely with store traffic numbers which will come out AFTER the markets close on Friday and before monday. We will have a black friday or black monday, but not both.