Archive for June, 2019

Buying signals…

Posted on Jun 09, 2019 by .

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The market is showing all the signs of breakout.  Here in the SPX it looks like we are seeing a stong zeta wave breaking the downtrend line.  We added to our position.

http://schrts.co/sdmeBxiV

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Real downtrend…

Posted on Jun 03, 2019 by .

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http://schrts.co/EIeexWaJ

The previously identified abgz formation  we have looked at has collapsed and is much larger than appeared.  We are now in the gamma wave and worse, are in a downtrend  that is not predictable.  Eventually we will see a zeta wave, but when is not known.  Classic management technique directs either exit from the market or robust hedging.  Below we will look at support areas.

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