Tomorrow looks as if it should be another down day. The 33TD cycle continues down, as well as the 11.2TD cycle. The 5.6TD day cycle turns down in the moring about the same time the 2.8TD cycle turns up. So we have 3 of these cycles down, and 1 up. The Wall cycle is up, but some longer cycles are down (a wash?). So I expect tomorrow to be down (maybe a little strength early) another 5-10 points.
Here is the visual:
Yes, a wash lol. BIDU popped but personally I'm used to immediately bad entry points on trades, so my small short has no stops and does not care.
ReplyDeleteMorla -
ReplyDeleteThe surprise with analysts pumping BIDU is that it did not break out to the upside. My small puts position is also under water so you have company.