An idea update, we have broken down and are moving well as I predicted. We are expecting nice devaluation of Nike into the longer term and well done to everyone who took it, and especially everyone in my signals group we have been profiting massively the last 2 months!, and this is a good trade to start us into the new year of success and, prosperity.
Nike is looking weak, we are showing signs of a tired up move, topping out, and i'm expecting a cyclic correction very, very soon. We will start with a minor correction, and probably gently sift into the lows, into the mean. We are seeking the impulse leg still, but I think I have found it today to be honest, and I think we are literally about to see the impulse leg towards the mean, giving us good profits.
Best of luck
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