![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg7AepVLl5mdrmytO5p4zdhbLFmj_5n6xFlh0wXQZpLNayG-ltHY01WgVBpluoiBk_rKIc592PJmavaJHAtuUhWeHmtcgh2GTr1Cc4NAE8rraaVpOer1crvgBKcO2tpkM5cQiSNVTDH8S5J/s320/count1205.png)
So the market finally did make it to the 200 day MA as I had been predicting last Wednesday and I am again assuming the waves are now complete or near completion and we will see the TA tested along with a proper Fib retracement. Obviously the market could put in one or two more bullish legs but odds favor a break imo. I took more profit today at 1265 and should the market put in another bullish leg I will sell all my longs, two more bullish legs and I am going short as it will be a no brainer. We just need an excuse to start selling and it will happen tomorrow or the next few days.
No comments:
Post a Comment