Seems this could be more compex than plain vanilla ABC
評論
⋅
And if in fact this is larger Wave A into summer, then probability is rising that in SPX we could have Wave 5 as ED into 2018, with the current rise into summer as Wave 1 of that. Interesting developments i would say!
評論
⋅
Oscillating around the 47 line. Do not think goes lower than that (outside of some very quick washout). Let's see
評論
⋅
Looks like ED just about to complete lower as Wave 5 of C. Has to be by end of week
評論
⋅
Net spec shorts continue to clear, so positioning also improving
評論
⋅
I meant net spec longs above, not shorts
評論
⋅
47 proved the low. Good set up this
評論
⋅
Kaboom
評論
⋅
Yet again at the lower bound. Still think one more up into summer is missing, but we are in a make or break with FED today and OPEC later this month