Looking at the bigger picture could the markets form a triangle with 4/26 the start until the triangle completes and then we get a big 5 wave down? Would now be a good time to add to my position or do i need to be careful of the 5th wave extending down yet?
Steve
ReplyDeleteLooking at the bigger picture could the markets form a triangle with 4/26 the start until the triangle completes and then we get a big 5 wave down? Would now be a good time to add to my position or do i need to be careful of the 5th wave extending down yet?
Jack,
ReplyDeleteI am waiting on the pullback from this morning's high to buy back SSO. I would keep the position size small.