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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (65054)1/31/2003 7:17:11 PM
From: the-phoenix  Read Replies (2) of 209892
 
Sorry if I missed the latest "turn" discussion, but what is everyone thinking about next week's Bradley turns? There is one for Monday (coinciding with the new moon tomorrow) and another for Thursday. Are we at a low or a high here? I can see the case for a further bounce into Thursday (with this morning as a low), or for a turn back lower from here and a selloff for a few more days before we find the next support zone.

The wave counts in here seem very confusing and aren't helping to point the way, as far as I can see. It was looking like the correction was over, then it wasn't, then it looked like it again, but now seems it wasn't, but maybe now it is???

I'm carrying a small ES short position over the weekend, but not convinced we head lower right away.
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