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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (44592)11/24/2021 6:18:33 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (3) | Respond to of 96681
 
Strange market here. I'm still on a Bearish bias for the SPX/NASDAQ but I have oversold signals firing on the DJI and R2K. The SPX/NASDAQ is kind of just drifting around trying to make up their minds on what they want to do. I'm no E-waver but the DJI sure looks like it did a clear easy to see 5 wave move off the October low and then just did a corrective ABC the last few days. It's the only index that looks like this though.
Les' numbers are actually showing breadth improvement for the overall market though it is slight.
Everything tells me that the market is dangerous right now but my gut is telling me to buy just because of the holidays and I know these markets are rigged.
Tough decision. Follow my system or play the manipulation? I'll probably play the manipulation.