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Sometimes overbought, oversold, sentiment, moving average work better than EW.wayne0708 wrote:the ew counts really ius giving me a headache. It's good thing I dont know how to count waves.
I hate UVXY. A small bounce even in red area can erase (1-2)/3 of the lately gain of UVXY. Meanwhile SDS mirrors better a bear market.brandyjoco wrote:Anyone have a chart on UVXY? Is that a good buy?
I mean "Deeper than -0.80%"stockcycle wrote:Yes, but not necessary. I think deeper than 0.80% is satisfied. The fall would continue next days.TradingJackal wrote:I would have expected a bigger gap if we were in 3 of 3.stockcycle wrote: we may be in the wave iii within wave (3).
Yes, but not necessary. I think deeper than 0.80% is satisfied. The fall would continue next days.TradingJackal wrote:I would have expected a bigger gap if we were in 3 of 3.stockcycle wrote: we may be in the wave iii within wave (3).