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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (20346)11/9/2001 10:37:45 AM
From: AllansAlias  Read Replies (1) of 209892
 
Bullish view of day:
That marginal low at the open is the end of this immediate down leg and we now do corrective up (correcting the down leg we have just finished) for most /rest of day.

Bearish view of day:
This is all part of a small degree corrective wave that is just part of the immediate down leg and we soon head to new lows.

Note that I don't give a scenario for new highs today. At this point, I can not see that.
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