Wave Theory proprietary methodologies: never follow me on StockTwits [Double HBD on NYMO odds 99.9% we tag 1816.74 to 1647.14] New Uptrend can begin after a market rally more in price than prior rally of the previous downtrend. (732)-298-8526
I study price action, MFI, fib retracement charts and daily pivot points. Long uptrend at the lows, hold until it starts a downtrend, then set stops. Go with the market not against it. I post opinions, trade at your own risk.