Please Clarify, are we expecting a 5th wave bounce IR a drop at
Supply Zone? Thanks.
“
A supply
zone is
the price area at which the traders usually sell.
This area is present above the current price, where the highest
selling interest or potential. When the price hits this level, the
unfilled orders get completed and bring down the price.Sep
30, 2022”
I'm not going to get into subcounts too often as they are
subject to change - YOU NEED TO FORMULATE A PLAN. You can
utilize some of the levels provided to assist. Best
wishes
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SPX 30 Supply Zone
Posted by steve on 1st of Dec 2022 at 02:55 pm
$SPX - Chart Link
Please Clarify, are we expecting
Posted by mdgfain on 1st of Dec 2022 at 03:41 pm
Please Clarify, are we expecting a 5th wave bounce IR a drop at Supply Zone? Thanks. “ A supply zone is the price area at which the traders usually sell. This area is present above the current price, where the highest selling interest or potential. When the price hits this level, the unfilled orders get completed and bring down the price. Sep 30, 2022”
C down of Wave 4
Posted by steve on 1st of Dec 2022 at 03:48 pm
C down of Wave 4 from Supply Zone is my best guess
referring to something like this,
Posted by matt on 1st of Dec 2022 at 03:57 pm
referring to something like this, abc of wave iv, b of iv today
unless market sells off too strongly to negate
the cycles also suggest that
Posted by matt on 1st of Dec 2022 at 04:55 pm
the cycles also suggest that wave b via the sell cycle on the 60 min, see image middle. Those cycles have been on par on these time frames
Thanks, Steve.
Posted by mdgfain on 1st of Dec 2022 at 03:49 pm
Thanks, Steve.
mdgfain - there you go
Posted by steve on 2nd of Dec 2022 at 08:36 am
mdgfain - there you go
I'm not going to get
Posted by steve on 1st of Dec 2022 at 03:49 pm
I'm not going to get into subcounts too often as they are subject to change - YOU NEED TO FORMULATE A PLAN. You can utilize some of the levels provided to assist. Best wishes