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Strategies & Market Trends : Classic TA Workplace

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To: At_The_Ask who wrote (68156)3/9/2003 7:44:22 AM
From: skinowski  Read Replies (1) of 209892
 
Your scenario may indeed turn out to be correct, and it should be watched. On the other hand, there are other legit interpretations... some see us in an unfolding W3. It seems that the daily time frame right now is very difficult to interpret.

Here is an SMH 60min of about a week ago (showing more detail), followed by a current one – both presenting the short-term bearish case:

ttrader.com

ttrader.com
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