DaddySawbucks

Falling Wedge Retest and Bull Wave

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DaddySawbucks 已更新   
TVC:SPX   标准普尔500指数
Had triple bottom in March. Test it again and bull from oversold likely.

Ultimate LOTY to come later in September/October, of course, pretty standard.

Not advice, just a WAG.
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Tues move could be ending wave down, might be another left in it, missed the sell, bought the bounce, back in cash.

Could dig down again Weds it's persitently bearish.
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It sells sharply every other day for a week now, Weds, Fri, Tues... bounces between. Probly getting set for a big flush imo.
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Fed minutes gave a boost but evry day after it has tanked. NVDA sucked, will be a drag.

There does appear to be an inverted H&S from 19-24/5 May, a higher low on the 25th may be a pivot point.

A retest of the lows is certainly possible, be cautious.
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