60 Minute Bars
Prepared by Jamie Saettele
An impulsive decline from the high indicates that the larger trend has reversed. I wrote last week on Friday that "near term expectations are for a corrective advance back to 1350 before the decline accelerates." A 3 rd wave may be underway from 1350. Initial support on a break would be 1280 (100% extension).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
