I got asked a couple times about wave counts so this is for you guys. This is a possible wave count I am looking at currently. As you can see I expect us to reach a hi out of this pattern in July then attack the lows. As you can see we are in wave 4 which is a corrective wave in the downward cycle, then we head for new lows on wave 5
The information posted on this blog should NEVER be taken as advise to buy or sell securities, options, currencies or futures. This blog is for my entertainment only, as I map out my feelings about the stock, options, futures and currency markets.
You should always make your own trading an investment decisions after you carefully think through the risks involved.
Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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