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Strategies & Market Trends : CFZ E-Wiggle Workspace
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To: skinowski who wrote (35253)5/15/2019 12:22:28 PM
From: skinowski  Read Replies (1) of 41498
 
Let’s take a look at the 2891 and 2801 levels, over the past few days.

2891 may have been w4 of an impulse down (and 2801 wave 5), which would place us now in Wave B (or 2).

Alternatively, 2891 may have been WB — and 2801, Wave C of the correction. In this case, we may be off to the races.

(Of course, even in this latter case, the decline to 2801 may have been only Wave A. This would imply that the rally is Wave B, with C down to follow).

Again, at this time, 2815 is key support.
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