XNG Thoughts Going Forward
This is liable to generate some controversy, as there a lot of XNG bulls about, many here as well.
I do not like the looks of this.
I am not always correct, but my record is not that bad either.
It is what it is and was done rather hurredly, so ... what more can I say. But it popped out, and offhand I do not see anything incorrect about it.
I don't know what to think of this, and my OSX EW map. It is starting to scare me. I am going to look at my HUI maps some more. Have we a melt down brewing, across the board?
Again, EW is what it is, nothing more nothing less. I do not think of fundamentals when I do these, at least I try not to.
If this path turns out to be correct, I think it more than likely there is a little pop left, to the next fib, then that would be it. It will get ugly. If you watch the longer term charts, pay especially close attention to the momentum, if you have that parameter available.
Maybe it is about time to just buy a big frigging load of 2X shorts and puts, and sit tight.
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