Squiggle tracking continues. The question is whether the decline so far is a single large impulse ave down or two legs down. Here is a tracking count on a single large impulse wave down (good till 2921.62) on SPX cash (which lacks the extra volatility/waves present in ES).
I think MTU now deserves the name of "Mr Squiggle" and those of you in AU will know what that means.
ReplyDeleteBit of a down week this has been