MoneyEngineer

Dow- Mageddon weekend update

OANDA:US30USD   US Wall St 30
This is the picture of the count at the next higher degree, on the left hand side we have a bullish possibility where we buy the corrections. On the bearish side, there was a move down that was quite strong and this current move upwards seems impulsive, but i have seen fake impulses before. So the key here is to monitor its correction over the monday Asain session. if it starts breaking a new low it will be the bearish count. If it forms a choppy retracement of the move upwards then we should be looking to buy.

It seems we are breaking out of a corrective state, so many big moves ahead this week. good luck!
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