Today DDM went down, which was unexpected based on the last A-B-C ralley in terms of time, but in terms of price perhaps it was overdue. Basically, the last A ran much longer than this one, so I thought I had a few more days to ride the A wave. However, it's clear that we're in B territory today. Since A move upwards very far in terms of price, however, B was certainly due.
However, I'm only down about half a percent, which is really nothing. So it's possible that Monday will also be bearish, but next week we should pick up. I'm trying to figure out my sell and stop limits here, because if it's also bearish on Tuesday then the likeliness of this being "just a B wave" is diminished and I'd have to exit with a loss.
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