Global Trading Signal: 10:50am EST. Looks like the signal made an attempt to gain some traction regarding 'Agitation' for 4 hrs today but could not hold on to it. The continuing price decline has been supported by the lack of any meaningful 'Agitation' signal in this indicator for a very long time now. Also- the signal is a produced by a very sophisticated program and we have learned to believe it as is evident by the current situation.
Chart is just for a quick estimate possibility. Nothing to do with long term. Label shown as '3/c in the white square could also be a '1/a' of a larger degree.
Original Post:
Update: 2/27/20 09:30am Looking at the daily histogram bars on the ES looks to show little to no real shortening so better sit back and wait for that to begin to happen prior to completing any more projected pricing estimates-
Chart 1 is an attempt to assign wave labels on measured moves. Apologies to EW technicians.
Chart 2 is a similar attempt on 4/d to 5/e.
The bots will flag a "V" when they see a top.
Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing
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