Yes ammo, Wave 1]3) or 2]c might have ended. But there is something questionable in the wave structure. mu. Wave five is treacherous, this time it does not come up at all :eek: . The DOWN wave is not Wave 3)3.3:2 below 1080 and 1067. Is not Wave 3)4 and 4) below 1020. Be aware of the red lines.
Thanks MitchWorse! My conditional orders took the profit for me just now while I stepped away On the question about stops, I think it has been asked and answered on this thread before. Try a search? In any case, if you think through the rules and guidelines of EW, then a lot of good locations for stops would surface.
Glad I took my profits earlier.... Perhaps this would be a better fit? Could be a range bound day today after yesterday's big move. See what you think.... ESZ9 61min
This "gift" would probably drive both bulls and bears nuts!!! Last chart for me today..... gotta go! ESZ9 15min
When the last Bull turns Bearish, the Market rises . No more fifth wave :eek: . A series of five 3-waves or seven 3-waves . This may be an ending EXPANDING TRIANGLE , but Wave 3)3.3:2 count is still valid and Wave 3)3.3:3 might have begun . There may be a measure move UP to 1150 . Beware of the red line . Note: Easier count in Utility Chart.