Hold Off on Re-Entering the Market
I remain skeptical about this rally. The move down to the prior low did not have a complete and convincing 5-wave count, and I really do not like to rely on truncated fifth waves in my analysis unless it is confirmed with a corrective pullback after this rally completes. So, until such time, I think we will be seeing the end of this move up off the lows, and some form of top into tomorrow.
The potential patterns that are on the table right now are threefold:...114 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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