Monday Nov 29 2021
5 30 AM CST
It appears that wave three down on the INDU is still in progress, will update later today but we were right that the move up Monday was counter trend. INDU on globex is down over 400 points this morning.
11/30/21 12 10 PM CST
Taking out wave 1 low means wave three is underway. The media continues to focus on covid. Technicians like myself will tell you there is always a fundamental event to validate the tech analysis, that is happening now.
Meme stocks, lack of breadth, sky high valuations of SPACs and electric car makers, overnight experts on twitter et al
And news wise, smash and grab looting in Dem controlled cities, 100,000 Russian troops on the Ukraine border, US soft on Iran and Syria, no southern border, covid,
more later
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