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


To: claireg who wrote (666)3/22/2019 10:38:09 PM
From: POKERSAM  Read Replies (1) | Respond to of 1783
 
Even with the 2800 bottom I don't see why not. Yes it is 12 points shy of the 50% retrace but all the waves are there for 2 down to be complete. This two is also an expanded flat which is uncommon for a two. But even with these oddities The waves are complete so a completion of 2 down still gets my vote.
We should know at open Monday morning and have a good clue from futures overnight Sunday night.
The unloading of shorts near the close IMO was the move to make. I think the max it could cost you would missing that 12 points.