Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 41.73

-3.0%

Nov 7 4:00 PM EST

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To: #Breeze who wrote (203953)	4/11/2025 8:29:47 AM
From: #Breeze	7 Recommendations Read Replies (1) of 206760

ES1! (S&P 500 E-mini Continuous Futures) Wave Count Update. I was asked if the move off the April 9th low (were I labeled a truncated Minor Wave 5) was a continuation of Minor Wave 4. Note prices pierced the end of Minor Wave 1. An EW rule is that a wave four can not overlap the end of a wave one of the same degree. So this confirmed that Minor Wave 5 is complete. Bottomline: The correction is complete. Unless of course an alternate count is in play. Breeze

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