yep, but again my comments from last Friday - use common sense
when considering wave structure and how long a trend might be
for example the move down from the 4100 highs on Dec 13th was 8
trading days. IF, again the word is IF, if this is a wave 2, then
wave 2 should last longer than 1.5 days, maybe it's 1/2 the time of
the wave 1 down, maybe longer? - again assuming that's what it is,
there are other counts as Steve has covered
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Are we seeing a back
Posted by tgo5043 on 27th of Dec 2022 at 11:11 am
Are we seeing a back test of a bear flag on SPY?
yep, but again my comments
Posted by matt on 27th of Dec 2022 at 11:45 am
yep, but again my comments from last Friday - use common sense when considering wave structure and how long a trend might be
for example the move down from the 4100 highs on Dec 13th was 8 trading days. IF, again the word is IF, if this is a wave 2, then wave 2 should last longer than 1.5 days, maybe it's 1/2 the time of the wave 1 down, maybe longer? - again assuming that's what it is, there are other counts as Steve has covered