US equities are seeing some notable bounce gains. Whether you want to call it an ABC, 123, XYZ, or whatever retrace/bounce... the broader trend remains increasingly bearish. A crash wave remains very viable across the next 2-3 days.
sp'15min
VIX15'min
Summary
*I am seeking some kind of bear flag to develop... via an ABC wave set
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I am trying to remain patient and not get lost in the minor price noise.. which is hard when I'm staring at the 5/15min cycles for hours on end !
Currently on the sidelines... but targets are locked on.
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time for some sunshine in the park (or I'll go crazyyyyyyyyy)... back at 12pm
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11.40am.. back... market battling to complete a B wave.... C looks ON TRACK to 1900/1905.