Flags flying…

This chart is deliberately not annotated.  The reason is to call attention to the formation since Oct. 3.  It looks suspiciously like a flag.  To remind you, a flag appears on a flagpole halfway through the wave, implying that we will now see upside to equal the distance prices have come from Oct 3 to the flag bottom.

We bought UPRO and QQQQ today, scaling in.

This Post Has One Comment

  1. alain

    supported also by my other data … congratulations! I like when all fits.

Leave a Reply