fundas, not necessarily. Patterns depend on the completion of...

fundas, not necessarily. Patterns depend on the completion of their time scale before they offer valid signals, but in the meantime they provide some hints and a way of conceptualising the market moves which we otherwise only observe in visual form. Purely on a personal basis, I'm standing aside atm.The big moves have happened, and there might be others, but I expect whipsawing until dow opens. If that offers direction, well and good, but I'm looking for confirmation of a short position. Longs on dow are pretty sus atm imho, its sooo overbought, and the volatility on xjo today and the spi daily candle all point to a short trade. Just my opinion.