thoughts in the video. remember fed announcement is 2pm EST
הערה:
3785 resistance area, watch for breakdown.
הערה:
Looks like A wave is finished, Fed should push down for B if this is correct.
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Could have one more wave up to take out stops before reversal
הערה:
yep, one more high, now we should go take out stops under 3700 but they may come in to buy near the bottom.
הערה:
Looks like B will be done today
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oil losing trend, expecting a retest before the bigger sell.
הערה:
C wave looks to be finishing as well today. Ramp into close maybe a bull trap. Personally I'm collecting shorts, but still mostly cash. Another SPX chart is telling me to watch for resistance around this area, could go higher.
הערה:
USOIL backtest and failure so far
