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Enjoy tonight’s video, and enjoy your evening.
Always enjoy your work. Funny that new traders won’t get what you mean by a normalized market. They will think they do be they read about it, but if we enter a bear (if that’s legal?) they will get some learnin’ right quick. Keep up the good stuff and thanks for keeping it free 🙂
Agreed and thanks
From OEW for those interested:
“Today was the seventh gap opening since the downtrend began on Sept. 19th. When the SPX broke through the 1956 pivot range we posted an Int. wave b at Monday’s SPX 1978 high. From that high the SPX has declined in an a-b-c: 1958-1969-1947, bounced to 1959, and now appears to be in another a-b-c: 1948-1957-xxxx. When it concludes it should end Minor wave a of Intermediate C. Then we may get another 20+ point rally for Minor b, before heading even lower into Minor wave c. Keep in mind we still need to drop below SPX 1905 to be certain Primary IV is underway. Probabilities still suggest a 75% certainty.”
http://stockcharts.com/public/1269446/tenpp
Chess
Is it worth revisiting CP for a short?
Yes