Will this bullish wave continue with JPOW adding more tailwinds at the FOMC tomorrow? We will see. There are two bear counts, one of which is still bullish, so price action will tell but either way, tomorrow should be interesting!
A lot of chop today with some big earnings coming up and FOMC on Wednesday. Today was the post-Opex candle so we will see if we can get any confirmation and if JPOW can add fuel to the fire either way.
The bears have bulls worrying... for some reason. Maybe it is FOMC next week but the bulls still have a green month, week, and just an inside day on Friday. Now we will see which count prevails... even the bullish one could be bearish for a bit...
Too soon to tell if it is the start of anything real, but the daily had an Evening Star Reversal pattern, so we will see if there is any follow through. Multiple counts, but there is a short-term wave 5 possibility into tomorrow, but we may still gap up for wave 4...
Some funky price-action today to start the week with the bulls mostly dominating but the bears with the rug-pull EOD. Not to mention divergences across sectors. Let's see how things go into Opex then FOMC!
Still in the GoldenZone on the monthly chart after pushing above last month's highs. Weekly inside up, and then the daily with all the gaps. That said, some big red candles could change things but there would need to be a catalyst. Look for some clues after Opex and FOMC!
Still between potential wave counts. Volume came in spurts today with a reasonable push a the open giving 5 waves, then chop for the rest, leading to a double inside week so far and still an inside month.
Two counts, one really bullish and one really bearish. Was today's gap down enough to trigger the bears to come up for the massive wave C or is it just a fake out as the monthly and weekly are still inside candles?