Posted by DigiNomad on 31st of Jan 2024 at 04:15 pm
What time frame are you looking at? I see this possibility on
the 2hr, but the 4th wave looks kind of shallow at this point, no?
Shouldn't we get an ABC? Other legs hit my anchored VWAP
which is down at 4804 currently.
I can count 5 waves down on 15 if I squint and look at it
sideways. Also some RSI divergence, so...maybe.
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SPXhas possibly completed the 4th
SPX Wave count?
Posted by limitless on 31st of Jan 2024 at 04:09 pm
SPXhas possibly completed the 4th wave now and should head up for the final 5th wave up to new blow off high.
What time frame are you
Posted by DigiNomad on 31st of Jan 2024 at 04:15 pm
What time frame are you looking at? I see this possibility on the 2hr, but the 4th wave looks kind of shallow at this point, no? Shouldn't we get an ABC? Other legs hit my anchored VWAP which is down at 4804 currently.
I can count 5 waves down on 15 if I squint and look at it sideways. Also some RSI divergence, so...maybe.