Saturday, October 19, 2019

MTU Weekend Ed. - WXY vs Triangle (10/18/19 close)

NDX invalidated the potential triangle we have been monitoring (red lines), SPX and INDU have not.  NDX can very well diverge from SPX to trace out a larger triangle (blue line) or some other structure. However, the potential  [w]-[x]-[y] structure (red) we have also been monitoring if NDX remains in sync with SPX.


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