Sunday, October 7, 2018

Week of October 8, 2018

I think the team did a good job of finding the confluence of these highs we are currently having issues with. Now the question becomes the low target and whether or not it has actually been met. I have issues with this being the case but will also approach it with caution. We have had the discussions about all the upper that have currently been met and the divergences were pretty clear into these levels. I am hesitant to call a top but I believe we need to start looking at the possibility of at least an intermediate term potential. By now I am sure most have looked over the charts and have a thesis of their own and we can certainly discuss this more as the week goes on. I am only going to post the SPX and RUT daily here but will post what I find time for in the thread.

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