No replies to this topic

[tsharp]

i'm including a chart of my short-term momentum model and the 130-min spx, which are attached below. i speculated on friday that upward appeared to be the most likely direction in the short-term, adding that while numerous fractal possibilities existed, i favored the larger trend still being down, with a ~1200 target range potential for this move, then a resumption back downward to the ~1160 range in a wave-c of a developing EDT (ending diagonal triangle) wave-d. an equally possible EW/fractal count could have this upward move as a c-wave of wave-ii or wave-b... we'll simply need to see how this develops along to be more certain of what we're dealing with. my short-term momentum model remains long from friday at ES 1183.0. --tsharp

Attached Thumbnails

• 
•