Trying to short these guys is like being a forced stowaway on a rocketship!

Besides, The market needs at least 5 waves up to complete this take-off from the June 24th low. So far we maybe have 3 (or the 3rd is still extending?). So we need a small 4th corrective and 5th higher. And these strong leaders will rise with or lead the market.

  Still not time to play short IMHO.

Thanks Matt. Fantastico.

Thanks Matt...But IF we got 5 waves up from the bottom, that is wave 1 up.

Then wave 2 retracement is usually into the 0.500 to 0.618 fib levels, and at times even deeper. THAT is the time in fact we should get best entries, according to EW guidelines! Or am I mistaken?  Thanks

Thanks Matt. Intraday today  Looks like we have 5 waves down from todays high (although the 5th seems relatively longer than the 1st. So maybe we get a better short entry on likely bounce?

brkout3, Love your chart and all indicators clearly shown. Thanks.

Does this mean that the trend is likely to turn up, and hence get ready to go long on apropriate entry trigger.

OR does it mean that this is a good opportunity to establish shorts as you have mentioned in the past?

Thanks.

Thanks Robin. So, from your kind reply I have to presume that your average daily return since you started has been $248 per contract. Not bad. Pretty good in fact.

Please confirm same. Thanks.

Just curious..What has been your daily average $ profit since you started the futures service? Thanks

Good to have you back. Hope you had a relaxing break. 

Hey Steve! You have your ipad on the beach? Or are you back?

Depends. The last time price went up on Decision , but then fell hard during question time, when he mentioned the r word

Firstly, I am pretty new out here.

Thanks Matt for the excellent charts and the information which is extremely interesting and useful.

But, obviously  I cannot play all the suggestions. I know that one has to choose the ones based on their own strategy and time factor etc..etc...

BUT at the same time I am really confused as to which are the few best ones I should use?..and mostly land up not using any.

So, there is just one more information which would help me immensely: Which would YOU personally pick as The TOP 3 ?

This would help me greatly to play your picks. I am not sure if it will further help the other subscribers as well, but me it surely will.

Thanks for all your excellent support.

Thanks Matt. Apreciated. Despite your handicap, apreciate your committment.

Thanks Matt to point this out. Agree. I have been eyeing this HNS. Volume is also confirming same! do you agree?

Also a possible EW count of 1-2,1-2 from the head bottom.

The first wave-1 fulfills an impulsive up 5 waves count. Wave-2 retracement for The first RS is very close to the 61.8% fib. 

The 2nd wave-1 is not so impulsive (although we could count 5 waves with a complex 4th wave triangle). Wave-2 retracement for the second RS here is deeper near the 78.6% level, which is still acceptable.

IF above observations are correct, price should take off from here. Also to note is that AAPL usually gaps up on Mondays IF the price has to take-off.

IF not, There is still a possibility that price could go a little lower to near the 418.90 low to form a double bottom?

Hope it helps. 

Now, every Friday being Weekly Options Expiration, High probability is that the market makers are pinning the price to The Max pain level.

have a great and safe trip Steve, and thanks for all that you do.

Are you coming to Spain by any chance?

Thanks Steve, The EW counts are a great guidance.

All The best for your surgery Matt. Hope it is fast and painless and the recovery is rapid. Truly Apreciate all that you do for us subscribers despite your condition. Take care and rest. The market and us will still be here whenever you return.