A $ZM Update

A member has asked for an update on $ZM. I last posted it about it here, and there are no fundamental changes.

The move down from the July high counts exceptionally well as a correction, and the divergence suggests we will still get at least a technical bounce, though I suspect a major low is forming. We will need to monitor the structure as it rallies to see just how impulsive it looks. But for now, the lower target box (at least) remains a very high probability.


[UPDATED]: This failed to rally. I will file this under “Unsuccessful Calls.” I may make a new call on this one soon.


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.

Leave a Reply

Your email address will not be published. Required fields are marked *