Market Information Suggests The Rally Is Countertrend

First, I apologize for the lack of audio in last night’s Briefing. I am still trying to figure out why it did not record. In any event, today’s Briefing should catch you up.

The data from the Market suggests we are still in a three step countertrend rotation. If the data changes, then the analysis will change. You will see some very important Key Reference Areas in the Briefing and very important support levels. We could be approaching an important inflection point that will give us the information we need to determine the next larger degree move.

DAILY BRIEFING 0200408 from Joe Mertes on Vimeo.

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