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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM
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From: POKERSAM11/12/2023 12:59:07 PM
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Wave twos are normally swift abc retraces of wave one. 73% of the time a two will retrace between 50 and 61.8% of wave one. 15% of the time twos retrace more than 61.8% up to but never more than 100%. It is rare they retrace more than 80%.
A glance at the SPX chart reveals a clear abc wave two that began at 4103 and has been in play for the last 10 days. Upon completion of wave two we will decline in wave three.
This is so easy. Why miss it?

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