Chart from COLUMBIA public charts
Why is it?
when a trader gets bullish- they profess to the moon
when a trader gets bearish-they profess a crash
As I HAVE POSTED several times
The trading from Jan 14th ECLIPSE to Jan 22nd should emulate
Wave 1 lower to 1125
Wave 2 rebound to 1145 on Jan 22nd
Wave 3 DOWN to Jan 29
wave 4 on feb 1
wave 5 DOWN on Feb 2nd
BUT THATS JUST WAVE "A" of a corrective pattern that should take us to April 6th
before finding a footing for the next rally to late June.