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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.915-9.1%2:48 PM EST

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To: yard_man who wrote (3538)10/29/2023 9:51:23 PM
From: Bull RidaH  Read Replies (1) of 4392
 
The bullish wave count I’ve presented is STILL ALIVE. Red 1 ended at 4191 in Feb/March, red 2 at 3808 in April, red 3 at 4607 in late July. Wave 4 can retrace up to 15% within wave 1’s territory, which is down to 4070. Absent that number giving way, this wave 4 corrective since the end of July was just a bit overly rambunctious in providing a discounted buying opportunity, And it’s been patient giving the frail and weak minded bears a chance to cover with huge profits. Will the big cats come and make off with their fresh kill yet again? Unless 4070 gives way proving the bull rally off the Oct’22 lows is over and done with, YES. A trap has been set for the bears. Meanwhile the 1 year old bull market is STILL ALIVE in all aspects.

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