Monday continued down following a reversal from the 3-day highs and following the trend down...
DOW and ES
US markets have followed the Weekly timeframe down into November extremes.
My expectation remains that US markets are heading lower and following a 2-wave pattern towards the December lows, however the ideal price pattern is for a swing upwards into the 50% level before a continuation downward in the forward month…
The December lows will be confirmed on the last trading day of the month…
My expectation remains that US markets are heading lower and following a 2-wave pattern towards the December lows, however the ideal price pattern is for a swing upwards into the 50% level before a continuation downward in the forward month…
The December lows will be confirmed on the last trading day of the month…
I still expect a counter-trend move upwards before the next wave down...
