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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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From: POKERSAM2/4/2019 8:51:45 PM
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If the count off the bottom at 2346.58 is complete we will drop in a (2) or B. It can be either one. That is not being biased by news, fundamentals or the condition of one's digestive system. It is not biased as I try to please my cult leader. I do not have a cult leader to please. LOL It is just the EW count and one is just as valid as the other. The odds favor one but soon one will beak a rule leaving the other one as the correct count. There is always only one correct count. Most do not come even close.

Bull --If it is (2) down the correction is over at 2346.58 and we are in an impulse up and we will be going up in (3) of [1] of I of (III).

BEAR --If it is B down of (2) we will put in C up of (2) and then it is down in (3) for about 735 points.

So we will drop in B or (2). Probably a 38.2% to 50% retrace. Then we go up to the area of 2725 up to 2800. 2800.18 is the line in the sand but there will be clues before that.

In the end there can be only one.
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