Trades for Dummies
A simple approach to interpreting the stock markets moves and waves
Thursday, July 25, 2013
Trend is down
All of our indicators point downwards.
That means that if we have a gap up tomorrow, we expect that it will be sold off, resulting in a drop of the indices.
It looks that wave-1 of "c" ended today (versus yesterday) at 1,680 on the $SPX.
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