This is a chart of the SPY's recent plunge. If anyone has
expertise in Elliott Wave theory, I'd appreciate feedback on
whether this looks like it fits the pattern of a 5 wave move down.
I'm not familiar enough with the rules to know if this
fits. The SPY, DIA, QQQ and IWM all look like this. Thank
you.
This is a chart of
Posted by pkrsek on 26th of Jan 2022 at 12:22 pm
This is a chart of the SPY's recent plunge. If anyone has expertise in Elliott Wave theory, I'd appreciate feedback on whether this looks like it fits the pattern of a 5 wave move down. I'm not familiar enough with the rules to know if this fits. The SPY, DIA, QQQ and IWM all look like this. Thank you.
that's one scenario, or we
Posted by matt on 26th of Jan 2022 at 01:39 pm
that's one scenario, or we are still working on that 4. or a 5 was put in and we are slowly working on a larger ABC
heck even Roger's scenario could play out with a larger RS that is eventually put in, boy that would cause one heck of a purge next time
https://breakpointtrades.com/blog/search/?search_terms=roger&member_name=&start_date=&end_date=#prettyPhoto[357094]/0/
this twitter guy shows same thing
https://twitter.com/vader7x/status/1486134378606448640