The question now is if this low is an ending abc for a (green ii). if a iii-wave is due, then the bearish signs are in trouble because Aug. needs to close negative to keep the bearish sentiments alive.
MT: DOWN
ST: UP
PA: NA
Wednesday, 12 August 2015
12 Aug 2015 - Bulls Not Giving Up
What a rally the SPX had into close, retracing the overnight waterfall decline. This is indeed very impressive. The Bulls were not going to give up the 200 day MA too easily. For a moment today I thought that the ST would surely turn down, but it has held up well.
The question now is if this low is an ending abc for a (green ii). if a iii-wave is due, then the bearish signs are in trouble because Aug. needs to close negative to keep the bearish sentiments alive.
MT: DOWN
ST: UP
PA: NA
The question now is if this low is an ending abc for a (green ii). if a iii-wave is due, then the bearish signs are in trouble because Aug. needs to close negative to keep the bearish sentiments alive.
MT: DOWN
ST: UP
PA: NA
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