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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM -- Ignore unavailable to you. Want to Upgrade?


To: scoot1212 who wrote (2)1/5/2019 3:54:09 PM
From: Fintas1 Recommendation

Recommended By
POKERSAM

  Respond to of 1782
 
Congrats on your board. Now I get to enjoy watching you count them up.. Count them down and your ability to explain your thought process to any who have an interest.

Kudos.

Fintas



To: scoot1212 who wrote (2)1/5/2019 3:57:32 PM
From: POKERSAM  Respond to of 1782
 
This correction exceeding wave two's most common in depth and time is very possible. 1803 is the 50% retrace which is the beginning of zone for a wave two. 15% of the time wave twos will retrace beyond the 61.8%.
the best way to tell is to watch the wave structure, The most common pattern for a wave two is an ABC zig zag. Sub waves are 5-3-5. So we will watch it.
The current decline can be labeled Primary [12345] or Intermediate (12345). I am labeling it Int.(12345).
If it is correct it appears we will go much lower than 1803. If Primary [12345} is correct the target of 1803 seems reasonable. We are in the early stages of the A wave so we have along way to go regardless.

I look forward to your posts.