FOMC days: When TV goes nuts, and Wolfe Wave practioners giggle.

In one of my lessons I show an example of an FOMC day (11/7/02) where the market goes nuts (TV words, not mine) and then the market settles into a natural rhythm.  A Wolfe Wave.


That chart was over 10 years ago.  Nothing has changed. TV "analysts" still go nuts trying to explain the irrational price changes, and Mother Nature (balance) forms a beautiful equilibrium:  A Wolfe Wave. 

On the chart below (lines not drawn), WW students should be able to draw the lines: Perfect 135 line. Perfect pressure points line.  Perfect parallel line.  Perfect Target Line. Perfect ETA.  Perfect EPA.  Perfect "buy" opportunity at the 4 point.  Perfect "exit" opportunity at  the 5 point.  Perfect "sell" opportunity at the 5 point.  Perfect "cover short" opportunity at the Target line.
 
I invite you to join the elite group of Wolfe Wave practioners, and I will show you the lines on this chart.