Yesterday DJIA confirmed its daily TDSEQH (DeMark sell) which suggests at least a minor pullback.
The idea of up into expiration and then down for a few days seems to be working.
I said 2 or 3 days but next Tuesday seems best date!
I think we need to see how much damage is done by then.
Below is a SPX chart with the bull/bear options.
The 3 wave up looks corrective at first glance, meaning a rally in a bear market.
However often bulls start that way and turn it into a higher double bottom irregular start.
Doesn't mean it isn't due to do something to make me look stupid. I'm due :-).
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 (20min delay)
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |