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


To: POKERSAM who wrote (390)2/4/2019 9:12:15 PM
From: pedro_deleon  Read Replies (2) | Respond to of 1781
 
"BEAR --If it is B down of (2) we will put in C up of (2)"

Sorry ... I'm having trouble comprehending this with certainty.

What is the "it" that is down?

The context suggests you are referring to SPX.
Is the B down ... in fact a sideways to up in price even if 'down' in EW terms?

That is how I'm reading the recent action from a bear (or bull) angle.
So ... if that is what you mean,

"we WILL put in C up" ... seems to refer to what is still ahead. As in, hasn't started yet.

And that agrees with what my charts are telling me (either bull* or bear case)
DESPITE the overbought conditions on lower timeframes.

If the C up is still ahead .... then I assume you are suggesting a multi week move, in an A=C sort of way.
Again .. if this is what you mean, then I'm in agreement. Top is weeks away.
Maybe end of month. Maybe in March.

And I'm fine with ABC up even in the BULL case, just to be clear. You know what I mean, I assume.



To: POKERSAM who wrote (390)2/4/2019 9:51:38 PM
From: Sweet Ol  Read Replies (1) | Respond to of 1781
 
I see a 3rd option for S&P. The drop from 2520 to 2444 could be the B and we are near the top of C of 2.

Or am I missing something?

Blessings,

SOJ



To: POKERSAM who wrote (390)2/5/2019 12:26:24 PM
From: dospesos  Read Replies (1) | Respond to of 1781
 
What if we are completing wave c of 2 (an irregular flat)? I continue to see that as plausible since this wave up is a fiver to my eyes. Thanks in advance.