Take note of this guys - triangles are only found in Wave B or Wave 4s and then next move after is terminal.   Also see SPY supply zone posted YESTERDAY 415 and BOOM BOOM

    Steve excuse my ignorance, But

    Posted by retirefire on 13th of Sep 2022 at 09:13 am

    Steve excuse my ignorance, But does this imply the SPX has entered into  either C down or worse? This is 1/3 of C? Thanks

    Starting wave 3 down would

    Posted by matt on 13th of Sep 2022 at 09:21 am

    Starting wave 3 down would be the move to new lows we discussed

    Save the mapping for later

    Posted by steve on 13th of Sep 2022 at 09:21 am

    Save the mapping for later - way too confusing for most - will review tonight.  Trade what's in front of you.  The trade setup was a FADE after triangle completed 

    There are several viable options

    Posted by steve on 13th of Sep 2022 at 09:24 am

    There are several viable options - one would be that wave 2  of 3 completed OR  wave 2  of 3 is unfolding with an  A-B-C  with wave A up completing pre-market then wave B down then wave C up to complete.

    Please avoid counts and trade the charts for now.   

    exactly - which is why

    Posted by matt on 13th of Sep 2022 at 09:25 am

    exactly - which is why we post patterns and trendlines primarily and only show potential counts rarely 

    got it, thanks.

    Posted by retirefire on 13th of Sep 2022 at 09:21 am

    got it, thanks.

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