Showing posts with label Let's go!. Show all posts
Showing posts with label Let's go!. Show all posts

Sunday, February 23, 2020

Point of recognition? 3100 Monday?


Did Friday opex only manage to keep the lid on things, to get through the day?




Bearish channel, 5 waves down, if Friday was all we could manage from a very weak wave 2, then we're in for a bit of a shock.


S&P 500 5 waves down, ending mid-channel, extremely bearish

If so, OK, then we bottom Tuesday and regain most of these losses by EOW.