This view is only for NQs. Not as bearish other indices, yet.
The timing not to scale.
Posted 20 May 2021 - 06:08 PM
This view is only for NQs. Not as bearish other indices, yet.
The timing not to scale.
Posted 21 May 2021 - 08:11 AM
Couldn't agree more, the nq's have to prove the lower high lower low trend stops, I don't think so. Buy dips sell rips. (JMHO)
Posted 21 May 2021 - 08:29 AM
Posted 21 May 2021 - 08:32 AM
have order in to short at 13640, scalp or longer if possible. (JMHO)
Posted 21 May 2021 - 08:48 AM
The question always is.......whats the exact price where you know youre wrong.
~13730 would be a 1.618 extension C wave, anything above that is suspicious enough for me to wonder if my C-wave (of X) is actually an impulsive wave (not corrective).
Posted 21 May 2021 - 08:49 AM
The question always is.......whats the exact price where you know youre wrong.
~13730 would be a 1.618 extension C wave, anything above that is suspicious enough for me to wonder if my C-wave (of X) is actually an impulsive wave (not corrective).
good work will keep my eye on that.
Posted 24 May 2021 - 12:53 PM
OK, looking to short ~13720 w/ a 70 point stop. I never took the short on Friday because we never had a clear 5th wave of C (of x). The C wave needed to be 5 waves for this pattern to make sense. We now have a clear 4th wave on Friday into Sunday open , and today has been the 5th. 1.618 gives me 13730 (which is really the max we should expect in this type of Cwave), nonetheless I need to give the C-wave a bit of breathing room to take the trade, but everything looks lined up correctly for this to be a corrective pattern.
Posted 02 June 2021 - 01:38 PM
Closed half for ~100 points, stop at break even on the rest. This is burning up too much time for me to have high confidence in my count.