Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
…has left you straddling the fence:
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06:19 |
booth, IMO I think this is merely the b wave, higher high we needed in the primary count before this rally is over. To be honest, we can turn down at any moment now, the pattern is full and we have our higher high. Where can it extend? Not sure I really care. Just watching for 5 waves down from where we strike a high to confirm an interim top is in. |
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06:43 |
My friend Garrett Jones is having the same problem bending EWT to fit either of two scenarios, Formula. Immediately below is a link to his latest edition of ‘Observations’, which can’t decide whether the bull has topped or will instead do so later this summer/fall. His solution is to be ready now, just in case. Here’s a link to the newsletter, which contains many interesting, albeit possibly overimagined, charts: |
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06:43 |
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