The Market always likes to catch people on the wrong foot .
Note fratal waves.
Five waves UP, but overlapping wave .
Note:
The previous five-waves DOWN is a third wave DOWN, so it may be a c-wave :eek: .
....got the time pivot...
....still need to test last teeny tiny alt .... to see if we can put her down or not....
.....edit...time pivot not confirmed if we continue up.....
....have 8505 as last tiny alt on ym
.....EDIT..... last tiny alt broke on ym
Quote from elovemer: ....WATCH for a possible high pivot this 12.30--1.30 hour.....
..... if not.... maybe up into the close
Looks like it is already having an effect on market participants . . .
Open lower, rally all the way back to unchanged, back and fill for awhile, and then sell-off again.