"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the buyers still there? Enough to absorb the selling power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at least the first approach if note more.
Stock Market really really needs to bounce here. Dropping through Impulse would be catastrophic. Bounce must be strong enough to pass several fibs.
every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect.
every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms.
He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos.
Ordered Chaos
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Mixed signals at market open on Monday Nice clean bounce off top boundary of the Core, but followed by possible rejection at top boundary of the impulse. This is a crucial day for the Stock market, no doubt about it.
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Oops, thought I had posted an update. But here is the SPECTACULAR bounce we go from the Impulse Core Sure there was Trade War news that helped, but such news happening while in the Impulse Core is like warp engines being engaged.