Terrific rally to the 0.786 Fibo; looks like a slamdown at 290 today. We all expected a rally, but this one blew us away. Now we are back in the middle; higher prices but year. Pullback seems imminent; look carefully, however, you may find at least three similar Doji's that fooled us. Cautiously shorting in anticipation of trade and Fed combo worries leading up to...
Extreme bullishness prevails. Vix- dropping off to almost nothing.
What looks like a tiny Elliott wave 2 formed Friday AM but quickly dissolved into bullish enthusiasm.
If this is the breakout move gathering strength, then the chart shows a possible course. I believe we may have entered minor wave 3 of the V(v) 5th wave already ('third-in-fifth wave').
I lost...
