Lets do a recap

I may have to stick with EWT... It's psudo bullshit seems to work.

We have an Elliot Wave.... It is not a Corrective Elliot wave, nor have any of the other corrections been in the trend. There are signs of accumulation, mixed with some short covering.

My end of the day bounce Blew up in my face... or at least stopped out.

On the sentiment front... there is a chance that we have enough Fear right now to produce a bounce... but I was outside thinking earlier and realized every other time we had outright bearishness....

Overall this feels like the slope of hope in a broad disapare trade.

Traders are being mind fucked as all the hyperInflation trades are blowing up in their faces. Retail keeps blowing up, Financials a disaster. And I can almost smell a bubble forming in Pharma, as traders should find it's the only place to hide.

I do think we have enough fear and breaking of the 50dma playing with the uptrend to give us a short bounce... maybe a day or 2, as our subtal warning turns into overt.

I picked up a few shares of the banks that are reporting on monday-tuesday..... As regardless even a nice buy the bad news as people short cover.... I'd love to hear that "It's not that bad".