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Looks like we are going to the FP today…

Looks like we are going to the FP today…

Looks like we are going to the FP today…

Yes, I agree. A small rally EOD to complete an ABC move up, but still forming a bear flag, that should play out tomorrow morning. The gap down and move to the current low, was clearly a wave 3, with wave 4 being carved out right now.

It should be some kind of ABC pattern, and once completed we should move on down with wave 5 to the FP level of 116.71 spy. After that… who knows?

Yes, I agree. A small rally EOD to complete an ABC move up, but still forming a bear flag, that should play out tomorrow morning. The gap down and move to the current low, was clearly a wave 3, with wave 4 being carved out right now.

It should be some kind of ABC pattern, and once completed we should move on down with wave 5 to the FP level of 116.71 spy. After that… who knows?

Yes, I agree. A small rally EOD to complete an ABC move up, but still forming a bear flag, that should play out tomorrow morning. The gap down and move to the current low, was clearly a wave 3, with wave 4 being carved out right now.

It should be some kind of ABC pattern, and once completed we should move on down with wave 5 to the FP level of 116.71 spy. After that… who knows?

i have a gut feeling… we will rally back up to near high or higher… and then crash down.

cover half of my shorts….locking in some profit.. and will let the rest ride.

Hmmm… are we going to flush out today (down to the FP of 116.71) or rally back up some into the close… and then flush out tomorrow morning?