rbreese, Anything goes but likely not to exceed the February
highs. The move into Monday lows was 3 waves, thus corrective. My
indicators are showing wave 5 on 4-hour charts on /ES is in
progress. After that a move to the upside should follow, which will
be a larger bounce on the daily charts.
The pattern of 3 waves up into Feb highs, then 3 waves down into
Monday lows could be a leading diagonal to the upside unfolding. I
am focusing on last Monday's highs for a target to the upside.
What type of correction upside?
Katy Stock on CNBC said since 3900 taken out only ...
Posted by rbreese on 15th of Mar 2023 at 09:50 am
What type of correction upside?
rbreese, Anything goes but likely
Posted by junkie on 15th of Mar 2023 at 10:02 am
rbreese, Anything goes but likely not to exceed the February highs. The move into Monday lows was 3 waves, thus corrective. My indicators are showing wave 5 on 4-hour charts on /ES is in progress. After that a move to the upside should follow, which will be a larger bounce on the daily charts.
The pattern of 3 waves up into Feb highs, then 3 waves down into Monday lows could be a leading diagonal to the upside unfolding. I am focusing on last Monday's highs for a target to the upside.
Thanks for such a good
Posted by rbreese on 15th of Mar 2023 at 10:04 am
Thanks for such a good update