So far so good on yesterday's Countertrend Short.
I intend to hold it into a daily cycle reset, which I imagine will come around the November 25-27 potential cycle low. I will be monitoring whether it is a setup into something larger into the December 25-27 potentiual cycle low (see potential cycle lows to the right). No change in the intermediate trend indicator yet (see indicator description to the right). Intermediate and longer term I am cautious and waiting to see how the correction comes in. Could the Stock Market Top Here?
There is always a bull path and a bear path. We cannot know which path our future will choose. As always, do your own due diligence, read the Disclaimer, and make your own investment decisions.
Peace, Om,
SoulJester