Friday, 26 August 2016

Trend Wizard Timing - Intraday - August 26, 2016

Today is supposed to be some big Janet Yellen Fed meeting speech - I don't really care - in Jackson Hole. There's only one thing important to me. End of the day trading will tell the story. Probably the same old story, pump up the market before the speech - a bunch of volatility during / directly after and then drop. Just a simple count on the timing tool is indicating a five wave ending pattern in an ABC corrective wave........ not going to get into it. Being cautious - that's all.

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