again it's real simple: if that wave 4 completed then I would
expect prices to take out recent lows and fill that gap for wave 5.
wave 4 may also not be complete and this could be a wave b of 4
that forms a higher low then goes up one more time. That said
however the wave 4 time length of 2 days fits in line with that
previous wave 2, so to me the onus is on the bulls here, otherwise
that looks more complete
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again it's real simple: if
SPX 15 min
Posted by matt on 22nd of Dec 2022 at 09:50 am
again it's real simple: if that wave 4 completed then I would expect prices to take out recent lows and fill that gap for wave 5. wave 4 may also not be complete and this could be a wave b of 4 that forms a higher low then goes up one more time. That said however the wave 4 time length of 2 days fits in line with that previous wave 2, so to me the onus is on the bulls here, otherwise that looks more complete