tag:blogger.com,1999:blog-3848075914573098014.post7149792970070871106..comments2023-11-23T02:13:00.412-05:00Comments on Market Timing Update: Wednesday Update (3/25/20)Market Timing Updatehttp://www.blogger.com/profile/17508355123176801010noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3848075914573098014.post-64612569912082430812020-03-26T08:04:11.534-04:002020-03-26T08:04:11.534-04:003 OR 5 ?
The key question at this juncture is whe...3 OR 5 ?<br /><br />The key question at this juncture is whether the SPX etc is doing a 3 wave (abc) move from the Jan Feb top, or alt a 5 wavers. <br /><br />Then whether the last wave is complete.<br /><br />If its 3 then the main tend prob will remain up. If however its a 5 then its only 50/50 prob the main trend is up.<br /><br />Some indexes reveal a 5 depending on how you count and view the seqs (is if you classify as an expanding seq). UKX NYA.<br /><br />Im not altogether yet clear on what this is but it looks like a 5. Despite that stks last week fell to std retracement buying levels.<br /><br />Would like to see MTU's count on GOLD and OIL.<br /><br />Mkt Mannoreply@blogger.com