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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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From: POKERSAM6/6/2019 10:09:06 AM
1 Recommendation

Recommended By
Ms. Baby Boomer

  Read Replies (1) of 1780
 
With a break of 2831.29 the count for wave (C) of [2] is complete at 2728.81.
A second wave that is less than a 50% retrace of one only happens 12% of the time. 73% of the time they retrace between 50% and 61.8%. So in spite of the odds against it this [2] has retraced a little less than 38.2%.
Tighten up the stop loss on the long from 2728.81 and be prepared to short when stop hit. Look for high odds target for [ii] down.
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