I never said it was bearish, remember I posted that same chart
yesterday.
otherwise the best thing would be the backfilling higher
low for a wave e, 5 wave coil of some sort. Right now there's only
4 waves. The pattern would product a much stronger rally if you had
a higher low wave e form from say a pullback from this resistance
area next week.
If price simply goes straight up from here, it's prone to still
stall out around a symmetry level such as 4760
I never said it was
SPX ... why fight it? maybe some backing and ...
Posted by matt on 23rd of Dec 2021 at 11:25 am
I never said it was bearish, remember I posted that same chart yesterday.
otherwise the best thing would be the backfilling higher low for a wave e, 5 wave coil of some sort. Right now there's only 4 waves. The pattern would product a much stronger rally if you had a higher low wave e form from say a pullback from this resistance area next week.
If price simply goes straight up from here, it's prone to still stall out around a symmetry level such as 4760
small pullback/sideways wabe 5 will
Posted by kevindeng0727 on 23rd of Dec 2021 at 12:09 pm
small pullback/sideways wabe 5 will be perfect. $NYMO above 40 today and next Monday officially starts the Santa Claus rally.
lol ... didn't listen to
Posted by mla127 on 23rd of Dec 2021 at 11:26 am
lol ... didn't listen to the newsletter ... so I don't know what you said ... was just a comment based on the chart ...
I posted it here yesterday https://breakpointtrades.com/blog/post/355105/
Posted by matt on 23rd of Dec 2021 at 11:28 am
I posted it here yesterday
https://breakpointtrades.com/blog/post/355105/