
The Following is an update that was sent to NFTRH Premium subscribers yesterday. It’s content is still applicable today, so I thought I would share it for your review and consideration during these interesting times in the markets.
Well folks, ‘August low retest’ it is, as per plan. Part 1 was the drop from the August breakdown. Part 2 was the ‘bounce’ recovery (ended at SPX 2020). Part 3 is the current drop to test the August 2015 (and October 2014) lows. Again, we define test from a dictionary: a procedure intended to establish the quality, performance, or reliability of something, esp. before it is taken into widespread use
Now it gets interesting because the procedure is in process.
To read, view more as well a the conclusions…click HERE or the chart
To read, view more and read the conclusion…click HERE