copper and euro have made new lows on the year this morning...djt is down over 2%...and dollar has broken out of it's triangle on the daily...which is not healthy for any more up...
I don't think so . . I have that 1105.67 top as the top of my C-wave during that Correction Channel you show. So it's back to the impulsive wave and a continuation of the Down-trend. Look for the 1080 level to be taken out as verification of these Elliott Wave thoughts of mine.
Yes we have reached the low of day at 108.50 on the SPY. Here is the deal... obama pumped the jobs number so what do you do... take the contrarian view and think the jobs number sucked and it did. What is happening here is the institutions are loading up big time for a big push up next week. When everyone on this board thinks the market is going to tank now and goes short the institutions will just stop you out and you will be screwed.
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