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EW Possibilities


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#1 An Ant

An Ant

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Posted 01 August 2019 - 08:07 PM

My untrained, naive eyes see two possibilities.

Today's high was failed 5th/E wave

Today's high was wave 2 after leading diagonal with truncated E wave at yesterday's close. (3027 - 3000, 3000 - 3017, 3017 - 2958, 2958 - 2997, 2997 - 2980 (truncation))

Remember reading somewhere that leading/trailing diagonals have explosive rally/selloff to wave 2/B 



#2 tsharp

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Posted 01 August 2019 - 10:00 PM

This is my fractal take from today:

 

SP00-15-8-1-19-2.jpg

 

This is my fractal take into 2020...

 

SPX-W-8-1-19.jpg