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Hi ES


Time 2.32 est.

I have a new short at 1209.00 and will reshort at 1210 if it gets there.

I expect a drop into the close but maybe not a big one. The daily close should not be above 1210.50

If I'm correct April 26 should produce a big drop or another sideways top day. Still looking for 1175.75/1173 area first.

This reminds me of Jan 10-20.

Bear WW completed target 1177/1176...1 hour chart.
dang!! PiPs

you could at least let it get to my first target 1213.00
before you short; second target 1218.25...
Originally posted by redsixspeed

dang!! PiPs

you could at least let it get to my first target 1213.00
before you short; second target 1218.25...



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I must admit I'am a day trader, so Monday my targets will be
different
Good trading red!!! You got me!

I'm out of my daytrade at 1212.50. It seems Monday-April 26 will be a top. Daily still long-1240/1256/1270 if past 1320.

The sweet spot on the bear WW is within the 1207-1220 area ( #5 spot) so lets see what monday brings.

Jan 10-20...April 16-26..."Nothing is new under the sun."

Good Weekend
I have been studying the Wolfe Wave. So many waves so little time..
Good on you Red.

Just so you know, when I hedge ( go counter trend ) I look for 20-35 pts depending on the "range" I percieve it will go down. Sometime the range is 35- 50 pts. I may not get the last 10 pts....example 1206-1186....never got to 1176 area.


Remember I'm long on my daily always so when I give a counter trend trade I'm looking for more than 10 pts.