Coolbiz yesterday "So far low at 2698.67 in 3 Waves. Upward retrace should not breach 2743.19 to avoid an overlap or it puts bull trend back in force ST and no longer deeper correction."
His call on where we could be going"At the low of 2702.04 sofar met the next target of -50 points from 2755. Has a lot more to go yet with sharp upward retraces. Going below 2676.81 and 2594 confirms the deeper correction towards 2470-2450.
9:28 AM - 25 Jun 2018"
for what it is worth. You may ask 'wasn't he long last week?' and he was but Sunday night his stops were hit and he started selling.
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Wondering if the ETF's were unloading during the last half our. Could have been a bunch of retail longs that held on until the end of their lunch hour before pulling the trigger and admitting the market wasn't going to bounce right back.