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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: POKERSAM who wrote (28802)5/11/2018 12:45:32 PM
From: Fintas  Respond to of 41153
 
I agree re there will be ways to play and I understand you are talking waves.

It's going to be fun to watch how it plays out.

Fintas



To: POKERSAM who wrote (28802)5/11/2018 6:52:53 PM
From: scoot1212  Read Replies (1) | Respond to of 41153
 
PK, two and a half points higher on the S&P and it would be a perfect abc from the April 3rd low. Maybe that comes Monday. But the wave count sure is clearing up and my models are still on sell. This week was important, but the volatility may come next week, in a bigger way. My weekly models did not expect this upward movement this week. I expected the week to end with a spinning top doji, with a sell-off. Seems like it was a lot of short-covering instead. I'm going to make a lot of popcorn for next week's show. Option expiration, too. ;)