![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfv5hBXv0VPAQvlakaHzAKXR3Vlbhjl6wec9JwFRtcYksNggyo8_8KiWe9P4oLzBRv5KhHo6xFCi1XJpRs7i7CMHj0CRrCsn_USd-xBj5MiVWEbw-GIezGpUTwi0uGRFkyXw4zCS1a16cs/s320/count0120.png)
The market technically corrected today in a sideways W4 in the minute count and set itself up for a likely rally starting early next week. I assume this will be the very last rally for this last leg so we'll see if the market makes it to 1330. The TA is at 1298 and I assume it will reach 1300 early next week and per my "formula" for shorting uptrends, I am looking at a 36 point gap between the TA and the market to start short positions. I am assuming the coming correction will successfully test the 50/200 day MA (which should cross in the next week or so) so the plan will be to reload on longs at that point. All major averages are pointing to a bullish market(I'll post the main averages I'm following next week) and unless there is a bear miracle, we should see the market go for 1400.
Have a Great Weekend.
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