Category Archives: E-Wave

Are You Buying The Dip? (Avi Gilburt)

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On Wednesday night I noted:  “The bounce this morning is most likely a corrective bounce in an a-wave, which still needs a c-wave higher to complete the red (b) wave.  So, unless I see something different into tomorrow, I am expecting the market to resolve this pattern lower over the next week.  Hopefully, it can also break the cited support to make it more clear that the larger degree correction is upon us.” (more…)