DJIA
--
-- (-- )
LAST|--
NASDAQ
--
-- (--)
LAST|--
S&P 500
--
-- (--)
LAST|--
SSEC
--
-- (--)
LAST|--
HSI
--
-- (--)
LAST|--
By Master Wu Master WU
On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.

Daily Review

2021.11.12

Rebound for w-b: (1) as laid out earlier, SPX hit the black trendline and bounced back. (2) given the overall structure, 4618 is the minimum for this leg; so the current bounce is a w-b, with w-c, the deeper and final decline to come later. (3) would short it if it gets to 4680.

MACD divergence: (1) waiting for MACD to generate its much-needed divergence at daily level, which is a time-tested sign for a top--unless that top comes from an extended fifth wave. (2) timewise, that is angled for early Dec. for the next swing high.

Comment (0)

TODAY'S TRENDING STOCKS

DAILY INFORGRAPHIC