Ouch! You've been a bear for so long, but you were bullish right at "the top". That's tough luck. Were you actually long in your account based on your triangle count looking for new highs in this report?
@GoForFit The potential triangle anticipated at least an "e" wave down. When counting triangles one must always be on guard for a 1-2-i-ii in the opposite direction. Nature of the beast. Sorry if it doesn't fit someone's idea of perfection.
I always enjoy your work here Joe. As we know the USD and the general US market work in reverse of each other so if your USD view is right then the more bearish view of the Dow will play out. I have seen others talking about a cycle this week which could move the market higher,meaning the UDS will have a bearish look for the week. Such fun to watch things play out. If we happen to see the Dow climb to 12800 or so we should have a nice healthy C wave sell off soon to follow.
Thanks to all who have commented or rated the video so far. For those who might not stay with the video to the end, on the studyofcycles-dot-com website, we also provide a link to a 45-minutes long interview with Robert Prechter. This is a relatively rare occurrence, so we hope you enjoy it.
Ouch! You've been a bear for so long, but you were bullish right at "the top". That's tough luck. Were you actually long in your account based on your triangle count looking for new highs in this report?
GoForFit 3 months ago
@GoForFit The potential triangle anticipated at least an "e" wave down. When counting triangles one must always be on guard for a 1-2-i-ii in the opposite direction. Nature of the beast. Sorry if it doesn't fit someone's idea of perfection.
ElliottTrader 2 months ago
I always enjoy your work here Joe. As we know the USD and the general US market work in reverse of each other so if your USD view is right then the more bearish view of the Dow will play out. I have seen others talking about a cycle this week which could move the market higher,meaning the UDS will have a bearish look for the week. Such fun to watch things play out. If we happen to see the Dow climb to 12800 or so we should have a nice healthy C wave sell off soon to follow.
MrYatesj1 3 months ago
Thanks to all who have commented or rated the video so far. For those who might not stay with the video to the end, on the studyofcycles-dot-com website, we also provide a link to a 45-minutes long interview with Robert Prechter. This is a relatively rare occurrence, so we hope you enjoy it.
ElliottTrader 3 months ago
thank you very much
me7md 3 months ago
Great job Joe!! Thanks for the work!
BlindHatchet 3 months ago
Great videos. I always look forward to your new ones. Thanks!
i2nupman 3 months ago
Hi Joe -thanks again for the update!
nevadaxtube 3 months ago