Down for the Count?

Published on
27 November, 2018
Topic
US Economy, Technical Analysis, Trading
Duration
10 minutes
Asset class
Equities

Down for the Count?

Featuring Joe Perry

Joe Perry, CMT, of ForexAnalytix reviews the wild price action in the S&P 500 and discusses his short-term outlook. He highlights specific charts, useful technical indicators and key levels to watch out for, in this interview with Brian Price. Filmed on November 26, 2018.

Published on
27 November, 2018
Topic
US Economy, Technical Analysis, Trading
Duration
10 minutes
Asset class
Equities
Rating
31
Sharing

Comments

  • DP

    David P.

    5 12 2018 19:49

    1       0

    So far he's spot on. Time will tell. I somehow don't think Fed's trading desk / ESF will let this thing fall all the way to 2200.

  • JO

    John O.

    1 12 2018 10:43

    0       0

    The wavecount is wrong; we're already too high (Thu 29, Fri 30) for this to be a 5th wave down. Either it's the c wave up of a big correction from 5 waves down to 29-Oct and headed back up to $2,815, or the whole thing is a huge ABC correction from the highs and we're going all the way back up again!

  • RS

    Rajesh S.

    28 11 2018 03:09

    3       0

    Difficult to follow all the waves and Fib extensions. Need lot more graphics to support the commentary.

  • DC

    D C.

    27 11 2018 20:30

    0       0

    Guess he is in the dollar cost averaging camp vs. the add to trade when it's working. Anyone with opinions or experience with either method...pros and cons?

  • RH

    Rick H.

    27 11 2018 19:45

    0       0

    Merry Christmas. So much for the Santa Clause Rally. Solid TA. Concise and informative. Thanks for sharing