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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: techtrader73 who wrote (41112)	11/27/2025 6:24:33 AM
From: bob_o	2 Recommendations Recommended By POKERSAM rdkflorida2 Respond to of 41189

"we have arrived at an inflection point" I agree. When the S&P broke above that 6680 level that I mentioned in my previous post, that messed up what would have been the preferred scenario for the wave count series of 1’s and 2’s. While the continued rise into Wednesday’s high of 6831.44 put the bear on life support, I’m not ready to pull the plug just yet. I had several bearish technical readings that occurred based on Wednesday's close that also showed up at the tops on 10/29 and 11/12. If we do get a decline started, I’d have to see how it develops to determine any preferred wave count. Of course, if the rally continues, I'll be forced to throw in the towel.