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 

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