Good morning. still looking for that E wave to 1196 (or even lower3-4 handles!). Heck, i still want to see slightly higher to be sure D is complete. I also have 1212.25 as a possibility on the upside if we just continue higher. (wave 4 could also have completed at 1186.25 making a flat.). Monday the 26th looms just ahead. It certainly looks like Thurs. gave us a great low for the late Friday run up into bullish Monday. heres a short term look...
TR
TraderF
Rep: 264
Posts: 51
market is acting weird. obviously like it clearly wants to break out but then when you look at individual stuff, ie....nflx, aapl, etc....seems way overbought. i'm a little skeptical on how much legs this has to the upside if any.
i had a great long at 1202 but screwed myself b/c i forgot to change my default target of 5 pts.
i had a great long at 1202 but screwed myself b/c i forgot to change my default target of 5 pts.
AK
ak1
Rep: 858
Posts: 740
Originally posted by ak1
Also on a 5 min chart look for a golden candle that is atleast one tick away from the open or close of the first 5 min candle to enter short or long
RE
redsixspeed
Rep: 4,111
Posts: 1,711
Originally posted by redsixspeed
using the move from yesterday I have a measured move to 1218.25
this is my highest projection
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Yesterday in the above quote would be refering to Thursday.
The projection of 1218.25 is still on the radar as we have not had a pull back yet that would cancel that projection..imo
