Starting it off.
Al
AL
albert
Rep: 99
Posts: 3,094
rat,
You are welcome!
Al :--)
You are welcome!
Al :--)
Originally posted by rat89
thank you al ;)
Originally posted by albert
rat,
You make the coolest charts! Today I was not sure I was even going to break even on my NVDA long paper trading calls. Your TWTR chart certainly looks a short situation is developing. Thank you for sharing your chart work and your comments.
Al :--)
RA
rat89
Rep: 0
Posts: 7,015
spx daily - the green count is doing what it needs to do, and based on the futures, the blue count will be invalidated tomorrow. Ignore the noise from the news and count the waves. The three waves up from the December 2018 low are not impulsive, in that wave [3] green is shorter than wave [1]. That implies that wave [5] will be shorter than wave [3], and that's the structure of an ending diagonal. You've heard me talk about how wave 4 lows cannot violate wave 1 highs - an exception is in an ending diagonal. For wave [5] to be shorter than [3], the maximum is 3121. [5]=.78*[3] at 3055.








