Thursday, October 10, 2013

Brown 2:20:2

Yesterday's 3:19:3 turned out to be a green 3:19:3. Today's brown 2:20:2 signifies a down day 2moro after either a green reversal or pullback. From an EW standpoint, the latter makes more sense. There were numerous true supporting formulas today, which previously been true after both green 3:19:3 reversals & pullbacks.

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