What a pretty and classic corrective wave B rally over the last four days. Four straight opening bells have been sold off by the smart money.
Above the Green Line - Aug 2, 2017 Buy high, and Sell Higher: Momentum Investing - Joanne Klein - Public ChartList - StockCharts.com
So now we can finish the wave 4, down to just below 2460...heck, it's already halfway there after just the first hour. I'm tempted to buy today, can probably capture at least 1% in the final rally up to near 2500...very risky though, it's possible the top is already in place as Avi Gilburt is warning. A break below 2450ish would be the first sign of that.
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