why I don’t think were out of the woods yet …$NYA
so, I follow the $NYA.
it consists of everything and YES it did open/close above the pattern in/around10415 we now have another level approaching which is a bearish sell pattern. (see highlighted blue rectangle) IF we get thru there w/ a daily close THEN I’ll throw in the towel w/ regards to another leg down.
Gold – pattern worked
Silver – pattern worked
GPRO – pattern got smoked today
GOOGL – pattern worked
PCLN – looks like pattern has failed (but i do see a 3 drives to a top – enough is enough already)
Aussie Dollar – never got in it …
Coffee is working but didn’t stop at the pattern but well w/in risk parameters
X went thru pattern but is back above it – again well w/in our risk parameters.
dollar working well .. (EURO short)
again, watch this pattern on the $NYA.