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


To: POKERSAM who wrote (28851)5/22/2018 9:28:50 AM
From: Fintas  Respond to of 41179
 
I don't get into the wave structure as you and others do. However one simple look at that PNF chart I put up recently built with the 97.2 VB would show that your 2392 is VERY safe for to get there that 2527 SPX would be hit and turn the X's to O's and rarely after a high pole that can be seen in that chart would the drop be the required 3 box retracement.

So the 4/5 is doable and that takes the spx to your 2392.

More importantly, once that happens and after any reactive upside, the downside would continue as LARGER VB of 108/121.5 etc would TURN down and the move to your 1810-1836 would kick in. Just using the 2430 would require 3 x 162 and that's 486 and that's the 1944. Throw in 2 -54 VB and there's 1836.

Just putting this up to AGREE with you.

As for UPSIDE. Bulls got to show me by turning larger VB's UP that are in O's and smaller than the 97.2 I.E 94 and so far. NOPE.

Fintas