Up Up And Awaaaayy….
Up Up And Awaaaayy….
I’m about to turn into a pumpkin but didn’t want to leave you with a cliffhanger before tomorrow morning:
I know this chart is getting messy – sorry rats – but Primary degree corrective waves are notoriously complex. The final count is often debatable but that’s more or less academic – what I really care about is to get the near term direction right. Which is most likely to the upside I venture to say – that running triangle we nearly completed today is almost textbook. If you are exposed to the downside you want to keep a close eye on that upper triangle border – that’s your line in the sand.
However, it’s too premature to kick Soylent Blue to the curb as of this evening – if we drop through today’s low tomorrow it would yet again become our highest probability scenario. Quite frankly – I don’t care either way at this point – as long as we get out of this dreaded whipsaw zone 😉
Cheers,
Mole
