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Strategies & Market Trends : CFZ E-Wiggle Workspace

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toccodolce
To: skinowski who wrote (41022)5/3/2025 10:14:00 AM
From: robert b furman1 Recommendation  Read Replies (2) of 41419
 
Good Morning ski.

CLX studies have gone to "Green MOJO", after 13 days of red followed by 6 days of green followed by 19 days of red, which in the world of Elliott Wave is an ABC corrective wave.

Where did all the bulls go? Down the rabbit hole that mainstream financial media and the regular political mainstream media led everyone to, through similarly scripted "recession is imminent" and "inflationary/stagflation scare stories" of nasty TRUMP TARIFFS.

While all hard data AND studies of past tariff results contradicted the scripts everyone got barraged by.

Put it in a headline on Barrons, and you just received the greatest contrarian signal there is.

It's Rally time and some very good EW'rs are labeling it a 3 of 5 of a long impulsive that goes back to March of 2020.

If this 3 carries its usual personality, it should be a good long and powerful ride.

There of course is a 4 of 5 and a 5 of 5 yet to come.

Of course a 5 of 5 can truncate.

I've got some recent buys and I'll scale out of those in this three wave.

I've got some long term buy and holds that date back to great buys during the pandemic and intend to hold them till I'm pushing up daisies.

Hold on ski, we've got a tiger by the tail!

Barrons just confirmed it!

GIDDY UP!

Bob
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