Friday, May 25, 2018

SPX and INDU: No Material Change

The market has continued range-bound, so no material change yet.  At this rate, I'll be able to keep reprinting the same charts forever, until such time as I spill coffee on them.

INDU likely either completed ALL OF the noted c wave down for the bull count, or wave 1/a down for either the bear count (if wave 1), or a more complex flat (if wave a):

In conclusion, there's still no material change from the last 2700 updates.  Hopefully this pattern will start to resolve one way or the other sometime before the Earth crashes into the Sun.  Trade safe.

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