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If it drop down, do you expect a measured move of 5 points or so?
not sure exactly what you asked - but since that was a wedge the pullback is either a wave 1 (bearish) or A, both of which should have some sort of 5 wave structure to them
Out of the wedge
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If it drop down, do
SPY has been consolidating in the area of the extended ...
Posted by flredsox on 18th of May 2022 at 11:03 am
If it drop down, do you expect a measured move of 5 points or so?
not sure exactly what you
Posted by matt on 18th of May 2022 at 11:06 am
not sure exactly what you asked - but since that was a wedge the pullback is either a wave 1 (bearish) or A, both of which should have some sort of 5 wave structure to them
Out of the wedge
Posted by flredsox on 18th of May 2022 at 11:11 am
Out of the wedge