A 5th wave can be sudden or drag out for days, and week.
This one loooks like it will be a short one, and probalby wont pick up steam till DEc 4th.
Today was near perfect
spx hit 1489, just below the 1490 level of the low of wave 1.
11am was called for the high but the high petered out in the first 30 minutes, and the 11am was only a weak attempt.
Low hit at 90 bars at 3:00 PM.
Nothing has changed as far as Dec 11th, still going to be a monster rally starting from there.
Best Wishes
1 comment:
Jay,
What are your CIT dates for December?
Thanks
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