of stock market psychology
It looks like todays 10AM spike on NQ was subwave 1, and then it has been in subwave 3 the rest of the day.Crush
Steve what gives with this market? 80 points on the /ES in 5 days seems crazy considering QE2 ended...any thoughts
The decline from April highs really brought the market to a severe oversold. We're just working out the oversold.I'm primarily using SP futures count. To me it seems clear the 5 wave completes here.
It looks like todays 10AM spike on NQ was subwave 1, and then it has been in subwave 3 the rest of the day.
ReplyDeleteCrush
Steve what gives with this market? 80 points on the /ES in 5 days seems crazy considering QE2 ended...any thoughts
ReplyDeleteThe decline from April highs really brought the market to a severe oversold. We're just working out the oversold.
ReplyDeleteI'm primarily using SP futures count. To me it seems clear the 5 wave completes here.