Please, please don't listen to Elliotician's. I have wasted too much time with EW theory. It's beautiful when it works, especially when we have Fibonacci confluence but it's incredibly subjective and esoteric at best. When we are given 'alternate counts' it's akin to saying price will go up or price will go down.
thanks for the concern
subjective and esoteric are where beauty lies
ANZ economists expect the Reserve Bank to unveil the new funding for lending programme (FLP) next month and say it will need to involve a considerable amount to ensure maximum impact
ANZ economists estimate the Reserve Bank's new funding for lending programme (FLP) could be as large as $50 billion and they believe the amount available will need to be considerable to ensure maximum impact of the scheme.
How's everyone feeling at the mo with the market. I've got a feeling we have maybe
one more good week before we see a slide again. The u.s is so close to elections now somethings got to give.
Just feels a little like January where it lures you into a false sense of security then boom.
Thinking things will start to bounce in December. Only time will tell I guess 🙂
sp500 testing support area , see what happens as US election pre - moves happening in the broader range at the moment. anyway im resting this week for the after election volatility to come
Originally Posted by causecelebre
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