Well, as speculated the wave "B" did not complete at the 2789 high. New window is at 2807 to 2849 and if 2849 is taken out this correction is not a wave four and 3280's area is ahead of the markets.
LT...d:^)
RE-short term wave pattern
Started by
LarryT
, Mar 12 2018 07:04 AM
2 replies to this topic
#1
LarryT
-
- Traders-Talk User
- 1,066 posts
Member
#2
CLK
-
- Traders-Talk User
- 10,787 posts
Member
Posted 12 March 2018 - 07:08 AM
Since NDX made a new all time high, wouldn't that be strong evidence that SPX will follow ?
#3
LarryT
-
- Traders-Talk User
- 1,066 posts
Member
Posted 12 March 2018 - 07:27 AM
Since NDX made a new all time high, wouldn't that be strong evidence that SPX will follow ?
Yes, however the SPX can still trade a triangle wave four first. Triangles use up a lot of time and can drive everyone crazy
