If this count turns out to be correct, the bounce in the DJIA will be higher than expected by the EWI short term update guys but it will not result in a new high which Jeffery Kennedy of EWI just indicated yesterday he thought was going to play out.
Friday, January 29, 2016
[UVXY] update
At the backlink I was still negative on the near term prospects for UVXY and I provided the model below.
The current snapshot below suggests even more so that I have the right model here because it seems to have put a triangle into the count exactly where I was modeling should be the B wave.
If this count turns out to be correct, the bounce in the DJIA will be higher than expected by the EWI short term update guys but it will not result in a new high which Jeffery Kennedy of EWI just indicated yesterday he thought was going to play out.
If this count turns out to be correct, the bounce in the DJIA will be higher than expected by the EWI short term update guys but it will not result in a new high which Jeffery Kennedy of EWI just indicated yesterday he thought was going to play out.
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