Next wave up?
We patiently waited for the 2nd upmove … the expected “C” wave …
To catch it in Europe you had around 10mins … then it was a master squeeze …
Now the question is … HOW FAR ???
Only the “must have-high”? A short “C” to around 6670?
A normal one to around 6870 or even a Dax above 7000???
Levels in the S&P are … 1289/91 (bearish) 1324 (neutral) and 1360 - 1380 (bullish).
Best guess is the SHORT and BEARISH “C” … but as August allows for some low volume surprises … who knows?
I’m already looking forward to my vacation ![]()
Tags: outlook
