Currently 25% SDS, 10% TLT.
Wave 4 is looking like a zig-zag, not a rectangle. The time element needs to be satisfied, so re-test or even a break of 10,940 is probable, just so that the correction lasts through the day. The next resistance beyond is SPX 1181.
A triangle can be formed by a decline to 10,850 then a rally to 10,920. This would chew up the clock.
No comments:
Post a Comment