Hi all
Please see below the views from Terry Laundry. I believe young Volt respect his views as well.
cheers
Pc43
website address
http://www.ttheory.com/
The current chart shows what my daily indicators look like just before the formation of a new T. This new T will have a Cash Build Up ( i.e. the green declining oscillator tops) of about 5 months making it one of the longer time span examples.
Once the oscillator breaks up through the green line, the T’s symmetry will be fixed and the matching 5 months of upside price potential for the S&P will start to become apparent. Then we can start the new T’s analysis for quality of the rally.
There may be another day or two of selling, but it looks to me the upturn could be imminent.
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