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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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From: Fintas1/6/2019 12:05:05 PM
2 Recommendations

Recommended By
POKERSAM
toccodolce

   of 1782
 
SPX. I'll leave the timing and the HOW to others.

BUT for those who understand this PNF chart and that it's a 181 Value box.

Notice where it stopped to the downside in O's recently..

Now consider over the past few months not only has the 97.2 VB turned down as I yakked about for a long time was needed to happen and when it DID happen the CONTROLLING BOX was NOW established and in this case DOWN. Just as it was many years ago off the lows to establish the UP. And boy was it UP for a LONG LONG TIME as I've shown with many PNF charts using that 97.2 VB. ( all in the context of the larger value box of the 486)

Since that 97.2 VB has turned down the 105/123/162/181 have ALL turned down. That my bullish friends is a TREND change. It will not turn around on a dime. Granted there will be rallies for many to trade. While doing so many a smaller value box will turn to X's. But the larger boxes will be IN CONTROL DOWN until they turn and that will not finish until it is determine what size large box is the last to turn DOWN.

That means before this downside is done there will be other O's to the DOWNSIDE in this chart and to me the question now is HOW low do we go. HOW do we get there and what will be the last LARGE box to turn to O's. Just as to the UP it was the 486 VB. Will it repeat to the down with the 3 box reversal? OR will it turn to the down with the 2 box reversal and fluff under neath. For those who do not understand. That means 1458 with a 3 box and 1944 with a 2 box more than allowing for PS' 1810-1836.

So let this board offer objective and realistic numbers that see BOTH directions to allow those with an interest to understand money can be made up or down. I can attest for PS skill. IF one is willing to HEAR what he is saying.

Fintas

0811
0912
13
14
16
17
18
3439 3439
3258 3258
3077 3077
2896 82896
2715 1O2715
2534 AO2534
2353 2C2353
2172 72172
1991 71991
1810 B1810
1629 51629
1448 91448
1267 O11267
1086 AX1086
905 OX•905
724 3•724
543 •543
362 362
181 181
0811
0912
13
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