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Non-Tech : Kirk's Market Thoughts
COHR 177.38+3.8%Dec 4 3:59 PM EST
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To: #Breeze who wrote (19778)8/13/2024 12:59:14 PM
From: #Breeze3 Recommendations

Recommended By
Kirk ©
northam
toccodolce

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S&P 500 E-mini Futures (ES1!) Wave Count Update. The wave count is playing out as I posit on Aug. 5th. However, I must provide an alternate count (in red) as this one is possible and would mean the correction is complete. The alternate count is a WXY. Where Wave Y had a truncated C wave . Prices have retraced over 50% off the Aug 5th low. Looks like prices are headed to the 61.8% retracement level. Breeze

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From: #Breeze8/8/2024 1:47:07 PM
3 Recommendations Read Replies (2) of 19839
S&P 500 E-mini Futures (ES1!) Wave Count Update. The wave count is playing out as I posit on Aug. 5th. However, I must provide an alternate count (in red) as this one is possible and would mean the correction is complete. The alternate count is a WXY. Where Wave Y had a truncated C wave (it's not labeled on this chart). Later today I'll label and post.

tradingview.com

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From: #Breeze8/5/2024 11:25:16 AM
6 Recommendations Read Replies (3) of 199819
S&P 500 E-mini Futures (ES1!) Wave Count Update. I overlaid the SPX wave count on this daily chart. An abc decline is complete. For now I have it as a Wave A. Wave B I have as a 50% countertrend advance followed by a Wave C decline to end Minor Wave 4. How far? Who knows. For now I've used EW guidelines to project the count.

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