Tomorrow we start off with the short cycles down so we may get some continuation. By afternoon the 2 shortest cycles turn up. So we should see a down bias first half of the day and sideways the second half of the day based on the shorter cycles. Of course, if today was the start of a bigger correction the entire day could be downward biased.
Here is the shorter cycles:
Excellent call....action was dead on. I played GOOG with the cycle and EW theory..plus a few other techs and it worked out well.
ReplyDeleteLooks like the 11TD is pushing things upwards still. So after Friday or Monday I think things will accelerate downwards.
ReplyDeleteShadow7 - seems if you could "call the open" you cover the day's action.
ReplyDelete