Major Waves 1 and 3 (from the March lows) most certainly
subdivided so not sure what you are stating (maybe your post was in
reference to smaller degree). Don't get bogged down in counts
but instead continue to trade what's in front of you. Key
pivot for the SPX remains at 3723 for now.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Hey Steve, May I ask
Thursday Newsletter
Posted by kevindeng0727 on 11th of Mar 2021 at 08:00 pm
Hey Steve, May I ask why you think wave 5 is likely to subdivide? Because 1 and 3 didn't? Thanks
Major Waves 1 and 3
Posted by steve on 12th of Mar 2021 at 08:01 am
Major Waves 1 and 3 (from the March lows) most certainly subdivided so not sure what you are stating (maybe your post was in reference to smaller degree). Don't get bogged down in counts but instead continue to trade what's in front of you. Key pivot for the SPX remains at 3723 for now.