Like I said, it's possible, it's also possible with HYG and IWM
strength that lows are in and pullbacks will form higher lows. It's
Friday so I'm not going to guess right now.
But like I said last night, in trading it doesn't matter which
scenario it is you can still make money because both counts aligned
for the same bounce move to the 61.8% Fib. Now it's not as
easy, but the easy long was going long after the 5 waves down on
Tuesday or buying the deep retracement on Wed
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Do we think we have
Posted by sschilmeister on 12th of Jun 2026 at 02:18 pm
Do we think we have the B wave done here with the .618 and an a-b-c from A to B ?
Like I said, it's possible,
Posted by matt on 12th of Jun 2026 at 02:21 pm
Like I said, it's possible, it's also possible with HYG and IWM strength that lows are in and pullbacks will form higher lows. It's Friday so I'm not going to guess right now.
But like I said last night, in trading it doesn't matter which scenario it is you can still make money because both counts aligned for the same bounce move to the 61.8% Fib. Now it's not as easy, but the easy long was going long after the 5 waves down on Tuesday or buying the deep retracement on Wed