Shown on SPY

Can this be an ending diagonal forming from 4080 with one last push up pending as all the waves seem to be 3 waves 

Will also be great if you can share your thoughts on FNGU vs FNGD - have some decent profits in FNGU and trying to determine whether just to sell all here or there is another push up left ….

Learning much and making some money on a smaller account for the first time in 10+ years due to the generosity of you both and all the other contributors here :)

Hi Steve - what I meant is that you shared you didn’t hold your hedges as this was NOT a wave 3 acc to the charts - is there any other way to also determine whether a gap down / gap up will be a trend day or a gap and crap  - for those of us who are not EW experts ….

Thank you Steve - how you determine whether this is a bear flag vs start of a new bull wave - the MA is starting to get bullishly stacked here ….

Hi Steve - can you elaborate on this - how do you know which gap down will trend vs which will fill - any and all insights valuable

Pls can you share the link

Thank you for pointing this out - rode it from 13-15.5 and exited yesterday 

Was thinking about going long …. But first time I made money in this …

Was the morning gap a 3 of 3 gap  as it didnt close 

Thank you Steve - these are very very helpful - for some reason the second chart image shows 3975 price again after 4100 - so it’s not clear what your projections for 5 are

Breakout in progress already 19.59 from 19.2 - tgt is 20.36

Soxl forming triangle on 3 min - 

Steve / Matt want to thank you for your timely update on the pullback and projection this morning .... went long TQQQ and FNGU  on a small account and made enough to cover 4x your 6 month subscription on the trade and looks like It will be a good day tomorrow as well !

Really appreciate all the work you do on this community - so glad I finally found you guys and I am learning so much and finally making some money vs losing it ....

Do your think this was wave A of C with a wave B doing almost 50% retrace here 

This would also form a H&S breakdown - false breakdown and zoom up ?

Can we get the link to this

Since wave 2 was a flat - could this be a zig zag for wave 4 retracing to 38% of Wave 3  Instead of triangle ? Any thoughts on what to watch for next ?

Would love to know how you managed the trade - I also entered at 4.50 but sold at 6.06 a few days laters 

Now have a big topping tail on XBI

Any idea why the future  mkt has just ranked in last few hours ?