3rd wave update... KoolBlue, I hope you have a tight stop! Added a second short in the NQ(weakest of the group)... see attached chart. Below 993 and the Bulls will be running for cover.... 2 minute ES attached Robert
The "dull mess" looked a little like an ED "C" wave to me, so if it repeats itself again, then we could be hitting your 990 target..... then resume its upmove....
Kool Blue... I do not agree with your count. Look more closely at todays trading on a 1 minute chart and you will see that the wave you have labeled as 4 is 5 waves.... a perfect match for my irregular wave C/II count. Good luck with your position... Robert
Could be Trader rob... i suck at interpeting the waves, thats why ive followed this thread since its inception! Basically i trade based on my own criteria...