I'm not sure without more info, can you tell me what theory you
have or what you are thinking about.
otherwise that 60 Stochastic being embedded above 80% for a long
time is indicative of a wave 3 in Elliot Wave Theory, so your
pullback could be a wave 4, then expect another high wave 5 - again
not always. If it was a parabolic move then that wouldn't be the
case would just top.
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I'm not sure without more
Matt - SPX Fast Indicators - I know the rule ...
Posted by matt on 7th of May 2024 at 01:55 pm
I'm not sure without more info, can you tell me what theory you have or what you are thinking about.
otherwise that 60 Stochastic being embedded above 80% for a long time is indicative of a wave 3 in Elliot Wave Theory, so your pullback could be a wave 4, then expect another high wave 5 - again not always. If it was a parabolic move then that wouldn't be the case would just top.