When was the last time we saw this? Here, I present to you, the clearest bear-market action print seen in the DJI in many years. Corrective abcd harmonic patterns are not supposed to achieve, let alone exceed, their d targets in bull markets. In-Bull-Markets. It has finally happened here.
Please see my post entitled Animal Entrails, referenced below. The bounce seen in the SPU2017 futures may revive the DJI, but then again, drowning men have been known to drag their saviors to watery graves just as easily.
Friends and colleagues, we should start taking stock in technical signs of weakness. Keep a wary eye on the forest, children, for the shadows conceal many dangers and the wolf certainly will see you before you see him.
Please see my post entitled Animal Entrails, referenced below. The bounce seen in the SPU2017 futures may revive the DJI, but then again, drowning men have been known to drag their saviors to watery graves just as easily.
Friends and colleagues, we should start taking stock in technical signs of weakness. Keep a wary eye on the forest, children, for the shadows conceal many dangers and the wolf certainly will see you before you see him.
