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

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To: POKERSAM who wrote (390)2/4/2019 9:12:15 PM
From: pedro_deleon  Read Replies (2) of 1781
 
"BEAR --If it is B down of (2) we will put in C up of (2)"

Sorry ... I'm having trouble comprehending this with certainty.

What is the "it" that is down?

The context suggests you are referring to SPX.
Is the B down ... in fact a sideways to up in price even if 'down' in EW terms?

That is how I'm reading the recent action from a bear (or bull) angle.
So ... if that is what you mean,

"we WILL put in C up" ... seems to refer to what is still ahead. As in, hasn't started yet.

And that agrees with what my charts are telling me (either bull* or bear case)
DESPITE the overbought conditions on lower timeframes.

If the C up is still ahead .... then I assume you are suggesting a multi week move, in an A=C sort of way.
Again .. if this is what you mean, then I'm in agreement. Top is weeks away.
Maybe end of month. Maybe in March.

And I'm fine with ABC up even in the BULL case, just to be clear. You know what I mean, I assume.
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