Down for the Count?

Published on
November 27th, 2018
Duration
10 minutes

Down for the Count?

Trade Ideas ·
Featuring Joe Perry

Published on: November 27th, 2018 • Duration: 10 minutes

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.

Comments

  • DP
    David P.
    5 December 2018 @ 19:49
    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
    Johnny O.
    1 December 2018 @ 10:43
    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 November 2018 @ 03:09
    Difficult to follow all the waves and Fib extensions. Need lot more graphics to support the commentary.
  • DC
    D C.
    27 November 2018 @ 20:30
    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 November 2018 @ 19:45
    Merry Christmas. So much for the Santa Clause Rally. Solid TA. Concise and informative. Thanks for sharing