On a higher time frame -- about 3 times higher than the
one on which 5 waves are about to be completed -- it is
expecting a 5th wave pullback below 13,048 before going higher (and
presumably breaking out of the one-month long consolidation
range).
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Steve, no, my program is
junkie - do you see 5 waves up on NQ ...
Posted by junkie on 28th of Apr 2023 at 02:06 pm
Steve, no, my program is indicating that wave 5 is still in progress, and wave 4 has been completed counting since the low on 4/26.
Yes that's what I meant
Posted by steve on 28th of Apr 2023 at 02:07 pm
Yes that's what I meant
On a higher time frame
Posted by junkie on 28th of Apr 2023 at 02:13 pm
On a higher time frame -- about 3 times higher than the one on which 5 waves are about to be completed -- it is expecting a 5th wave pullback below 13,048 before going higher (and presumably breaking out of the one-month long consolidation range).