Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 670.21

-1.1%

4:00 PM EST

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To: Turtles_win who wrote (179967)	10/3/2022 2:29:31 PM
From: robert b furman	4 Recommendations Recommended By Fiscally Conservative GROUND ZERO™ Machaon sixty2nds Read Replies (1) of 218498

Past clx bottoms were determined with 3-4 days of the bottom and then confirmed within about 30 days after. Watching the clx and how they progress out of the negative numbers will be the keys for both. Many think this is a C wave down. I'm of the opinion the C waves can grind on sideways but go out and reverse with less volume and less volatility If so, then that is the same a saying the selling has dried up. It will grind and test our patience, but clx will give us the clues along that revisit to lows and dips - just like we had last week. Those who sold from fear, will be lookers and be frozen like a deer in the headlights. This week will tell us lot I'm thinking. Bob

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