Yesterday was bad! Today is not looking to start out well.

It’s correction time, once again, and I’m updating the timer, to try to gauge risk, and when it might be wrung out.

There was a rally of sorts from out of a 12/15-23 bottom. The top of it was on 2/8. That was consolidating nicely, but has more recently turned into an all-out correction.

It’s chart time, and I’ll look to see whether there’s any technical point we could expect to look for price support to come in.

Harold

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s