Any one who follows EWP and trades will tell you NEVERTRADE A WAVE 4. Wave 4's typically can have the most complex of all EWP patterns. It's just not worth it.
Today the SPX opened high and stayed high throughout the day. I do think this will take time but we should get retrace tomorrow in b of 4. They way I'm labeling this area is largely as a wave 4 flat. Obviously I'm keeping an open mind to what price tells me...but patience is required as this wave 4 will not compete tomorrow.
Best to All,
Chris
Today the SPX opened high and stayed high throughout the day. I do think this will take time but we should get retrace tomorrow in b of 4. They way I'm labeling this area is largely as a wave 4 flat. Obviously I'm keeping an open mind to what price tells me...but patience is required as this wave 4 will not compete tomorrow.
Best to All,
Chris
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Go to ewtdaily.com for DETAILED DAILY UPDATES on this ticker and get a 7-day FREE trial on updates on entire coverage list of 27 unique tickers.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.