We believe that we are in the zeta wave (not labeled others labeled) which has proven profitable for us on many occasions. Given the extraordinary volatility lately all analyses are subject to question. Right now this wave has broken the downtrend lines and is being tested. We don’t expect another test of the bottom at the 200 day moving average but only time will tell and that tell should come soon. We have started scaling back into the market.
- Post author:WHC Bassetti
- Post published:February 22, 2018
- Post category:Letters
- Post comments:0 Comments