Zero Wrap-Up
Zero Wrap-Up
Here’s today’s Zero wrap up chart:
What can I say – beautiful Zero signals today. Despite me bitching and being conservative it pointed straight down all day. And although the signal line touched the zero mark a few times it never managed to breach it. Great day for subscribers and also a good example of how this trend indicator/barometer can support your wave count (or other technical analysis). As soon as I saw the signal expand in early trading I knew we’d touch 704 today. Also note that it closed pointing down, which supports Erik’s call for further downside.
I might pop in tonight for a quick update.
Cheers!
Mole