Well I thought yesterday we needed a spike in markets before it could reverse,wasn't quite expecting such a move,nor such a dovish comment from the Fed.I'm running with the idea in Jeff Coopers chart posted below.
The Dax looks like an exhaustion and 8750 is a major 7/8 level in Murrey Math so probably a good level to start looking for a top to form.The candle is doji like but its still morning so that could change
measured move ?
The Dax looks like an exhaustion and 8750 is a major 7/8 level in Murrey Math so probably a good level to start looking for a top to form.The candle is doji like but its still morning so that could change
measured move ?
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