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Market Reverses at Median Line
There is a theory in trading that the markets revert to the mean. This is pointed out on the above chart.
This morning the market reversed near the median line. At the same time other Andrewscourse indicators signaled that the up move that was signaled by the Andrews ORE is over and that the market needs to continue to go to further down.
By using Babson Trading advanced Elliott wave type analysis it was found that the market made a perfect reversal this morning and a new low for the month is probable.
This morning the market reversed near the median line. At the same time other Andrewscourse indicators signaled that the up move that was signaled by the Andrews ORE is over and that the market needs to continue to go to further down.
By using Babson Trading advanced Elliott wave type analysis it was found that the market made a perfect reversal this morning and a new low for the month is probable.
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