Well, that was a crappy day, no doubt about it. But here is the deal. We still have the 50 day MA above us + resistance at 1100. We have been making lower highs and lower lows since April and today did not break that trend. If we break back above 1100 on the next wave, then my primary count is seriously threatened. Until then, this is just low volume volatility in a larger downtrend and I intend to keep trading with the larger trend.
From E-T: Weekend Post – March 10, 2018
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There is a new post on my blog at this LINK. Cheers and enjoy the chart! E-T
6 years ago