Trend defined by Weekly 50% level and 3-day cycles.
Ideally I would like for both markets to come off much more, and head down towards the November lows (Weekly charts-Weekend Report).
A Weekly trend that follows market dynamics should hopefully head down towards the lower green channels on Friday.
There will be a full Weekend report on Friday’s trading, because Friday’s trading is either going to set-up another wave down or if it closes around the middle of the 5-day range, then next week the 5-day 50% level can be a risk level to trade a 3-day UP move from next week..
US report continues Below…
Posts
