Other option that I mentioned to Matt would be that today's move
is a Wave A then B pullback (say 50%) then up again in Wave C prior
to Wave 5 down (this would close the 3758 gap the fundamental
posted)
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related
to an earlier post stating Gray option as primary, but now appears
Red option was primary.
Posted by simple_million on 29th of Sep 2022 at 04:03 pm
"option" can't possibly be the right word here either, I think
it could sometimes be clearer when a call is being made that an
outcome is more likely than another outcome vs just talking about
what "could" happen
Expanded Flat
Posted by steve on 28th of Sep 2022 at 05:29 pm
$SPX - Chart Link
QQQ - Chart Link
Other option that I mentioned to Matt would be that today's move is a Wave A then B pullback (say 50%) then up again in Wave C prior to Wave 5 down (this would close the 3758 gap the fundamental posted)
The time component favors the
Posted by steve on 28th of Sep 2022 at 07:05 pm
The time component favors the gray option for a larger 4th wave the other option is for short term view of Wave 3 extending
I dont want to add
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related to an earlier post stating Gray option as primary, but now appears Red option was primary.
"option" can't possibly be the
Posted by simple_million on 29th of Sep 2022 at 04:03 pm
"option" can't possibly be the right word here either, I think it could sometimes be clearer when a call is being made that an outcome is more likely than another outcome vs just talking about what "could" happen
i was thinking we might
Posted by arun on 28th of Sep 2022 at 05:37 pm
i was thinking we might fill the gap. i guess not
arun - refresh the blog
Posted by steve on 28th of Sep 2022 at 05:41 pm
arun - refresh the blog as I added comments