IF this breaks down... S&P500 at inflexion point
As described in hourly chart, the waves have bene adjusted to be more accommodating to a volatile state.
At this current point, a turnover and breakdown premarket would likely see more follow through for the rest of the week.
Also means that yesterday was indeed a dead cat bounce.
At this current point, a turnover and breakdown premarket would likely see more follow through for the rest of the week.
Also means that yesterday was indeed a dead cat bounce.
