Still bullish @ 8:16 PM EST but in a counter trend rally

I believe we are in a bullish cycle, Intraday, butnear the top.

The chart is the Renko Overlay, which I modify using heankin ashi candles

It's Mortdiggiddy's Renko Overlay with heinkn Ashi candles which show trend.

For Ellitition's we are in wave E in an ABCDE which if it continues could run a little longer before reversing.

When we thi the high tommorow espect more selling.

This shows the correction we have been in for entering 3 weeks now. I think it's reasonable to expect more selling soon.

You can see the 200 EMA high above us and imagine going there, or you can head the warning sell upcoming.

تعليق:

تعليق:

I think the Bears misunderstood what i was saying. I heard some were angry. If you re-read the subject you will see what i said was true. Then I posted a second Chart which was more explosively Bearish, and said to short in the morning.

Hey Vetren Bears and new bears, You should have read my posts in December thru February were all calling for a giant correction like this.