markackerman

markackerman

It appears that the A-B=C correction in the 5th wave down, in the #qqq, has completed. The #FED will make its #prepared #announcent of its #50 point basis increase. This #cycle low could be the basis of a huge #rally for the next #4 to #6 weeks. but ass always, we await for #confirmation. There has been a lot of talk for a much needed 75 basis point increase...

markackerman Updated 

It appears that the #SPX has experienced a whole #cycle 1,2,3,4,5. If I am correct, #SPX in now experiencing a WAVE 2 #correction. I will keep everybody update on hopefully a nightly basis, so that we prepared for #WAVE 3 #impisive. It should be a 4 to 6 #week #rally.

markackerman

This chart of the $TNX now reflects that yields are heading into a "correction." Perhaps its time to take a look at TLT as their is a potential money flow out of equities back into fixed income.

markackerman

1 Hour Chart BUY SIGNAL ES futures traders ES #BUY

markackerman

COINBASE:BTCUSD BITSTAMP:BTCUSD hourly chart analysis on BITCOIN