Bear Long / Strap close

    Posted by dragonfly28 on 2nd of Sep 2022 at 02:25 pm

    Bear Long / Strap close outs?    Matt/ Steve:  will these still close out today if we stay at these levels?  

    at the moment they are

    Posted by matt on 2nd of Sep 2022 at 02:27 pm

    at the moment they are not exiting because of the move off the lows - could change by close if we form a higher low and bounce into the afternoon

    Matt just for educational purposes

    Posted by DK on 2nd of Sep 2022 at 02:45 pm

    Matt just for educational purposes can you let us know what it would mean if we do get a higher low on SPX (based on the symmetry move earlier today) and would that mean that we'd have a truncated 5th wave? I'm certainly not one to get bogged down in elliot wave but I'm just trying to learn what it would mean if that happens. 

    Thx, David

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