$SPX - Chart Link - abc (flat) or
abcde triangle are a few options if a wave 4. May need time
to fill out the pattern. Just throwing a few scenarios out -
focus on your triggers.
Again after trending moves you tend to get chop (consolidation)
thus wave 4s are very tricky to trade.
SPX 15
Posted by steve on 17th of Oct 2023 at 11:26 am
$SPX - Chart Link - abc (flat) or abcde triangle are a few options if a wave 4. May need time to fill out the pattern. Just throwing a few scenarios out - focus on your triggers.
Again after trending moves you tend to get chop (consolidation) thus wave 4s are very tricky to trade.
Steve, looks like we are
Posted by DK on 17th of Oct 2023 at 12:27 pm
Steve, looks like we are not getting the e on you 15 minute SPX chart and looks like wave 5 is under way right? The gap up at 4400 is close now
at least how I had
Posted by matt on 17th of Oct 2023 at 12:30 pm
at least how I had wave e drawn on this 60 min expanding coil as a higher low in blue, which we got
the 15 min I had that 4 as a complex abcxabc,