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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: rcksinc who wrote (40016)11/17/2023 3:30:42 PM
From: skinowski2 Recommendations

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rcksinc
The Ox

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Haven’t seen his work recently… It looks to me that he expects the rally out if the late October low to be a Wave C. I think the more likely possibility is that the rally will continue, very likely to new all time highs. (Seasonality is bullish; recently we had a Zweig breadth thrust).

But, just in case, if the market DOES turn south, taking out the recent November low (which he marked as w4) would be a strong indication that the decline is serious.
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