i bet not. tonight is affectionately known by u.s. traders as weird wally wednesday - which refers to the wednesday before options expiry week. the pattern for www has been, more often than not, the reverse of options week.
i also have this week as a low cycle for the u.s. and next week as mostly positive and the week after starting positive and sell off by about the middle of that week and the low ending on mchugh's phi turn date. happy to be wrong....don't really care actually......i just follow the price action.
if the spx breaks above 1473 and stays above that level tonight, i will concede that i have the pattern completely wrong.
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