A trading signal…

Posted on May 19, 2019 by in Letters

http://schrts.co/jfHgygWC

Readers will recognize the formation here.  It is described, once again,  in our paper on the web:  http://wwwedwards-magee.com/ggu/alphabetazetawaves.pdf

What we have here is a short term trading signal.  The formation has not  fulfilled itself completely, but we started scaling in with a very small position.  This is not recommended.  It is very speculative.

But, also, although unfinished this formation probably marks the end of the downwave –meaning it is probably not the start of a major downtrend.

 

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