In my last DJIA post I forgot to mention the possibility of the DJIA failing to move above its high made on 11/14/16. In Elliott wave this is called a truncated 5th wave. Today 11/16/16 the S&P 500 futures are down so the high could be in place as of 11/15/16.
If the top is in place already trading the open will be a harder trade because you have to chase prices.
Unfortunately there is know wave of knowing in advance when a truncated 5th is taking place - prices call fall all day today from the open or the could fall a little then rally to above the 11/14/16 top.
Mark
If the top is in place already trading the open will be a harder trade because you have to chase prices.
Unfortunately there is know wave of knowing in advance when a truncated 5th is taking place - prices call fall all day today from the open or the could fall a little then rally to above the 11/14/16 top.
Mark