At 4:16 pm CST I had a FP for SPY of $34 and change come accross my screen….it stayed there for about 1 minute. Can anyone verify on their end ?
Thanks
1. wave 2 is contained at 1292 on $SPX (A went to the highs, B back to 1282, C comes tomorrow), certainly no higher than 1296.
2. you’ve been fooled again, and we gap n go to 1315.
$CRB (commodities index) set a new high today, eclipsing the old one by over 1%. Copper will probably set a new high tomorrow. Recently, copper has been a leading indicator.
If all goes as planned, we should go up again tomorrow. But again, this is only a wave 2 bounce, and wave 3 down should start by no later then this Thursday on the job’s data or some other news. A big move down is coming, and it will likely be called a crash.
Problem is RED, that is TOO expected, your prognosis. You have been following the casino for quite some time now. Pretend you OWN it.
This may very well be all it gets. OR it goes straight UP and over and up for miles. But we will not get the abc A abc B abc C that every rank amateur Elliott trader is waiting for.
Not likely Dee. Most wave 2’s seem to make a ABC move up. This only has only had one way up now (the A wave), and seems too be making a B wave down now. I still do expect to see a C wave up tomorrow, taking us up to about the 50% fib. level on the ES.
At 4:16 pm CST I had a FP for SPY of $34 and change come accross my screen….it stayed there for about 1 minute. Can anyone verify on their end ?
Thanks
PSA 108, should get to 110-111, there’s 3 IYR companies reporting next 48 hours…
I have two scenarios:
1. wave 2 is contained at 1292 on $SPX (A went to the highs, B back to 1282, C comes tomorrow), certainly no higher than 1296.
2. you’ve been fooled again, and we gap n go to 1315.
$CRB (commodities index) set a new high today, eclipsing the old one by over 1%. Copper will probably set a new high tomorrow. Recently, copper has been a leading indicator.
http://www.bankfotek.pl/view/879878
Lines up with the SPY print nicely…
If all goes as planned, we should go up again tomorrow. But again, this is only a wave 2 bounce, and wave 3 down should start by no later then this Thursday on the job’s data or some other news. A big move down is coming, and it will likely be called a crash.
fakeprint IWM 79.42 screen captured
fakeprint qqqq 57.19 screen captured
Problem is RED, that is TOO expected, your prognosis. You have been following the casino for quite some time now. Pretend you OWN it.
This may very well be all it gets. OR it goes straight UP and over and up for miles. But we will not get the abc A abc B abc C that every rank amateur Elliott trader is waiting for.
Not likely Dee. Most wave 2’s seem to make a ABC move up. This only has only had one way up now (the A wave), and seems too be making a B wave down now. I still do expect to see a C wave up tomorrow, taking us up to about the 50% fib. level on the ES.