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


To: techtrader73 who wrote (668)3/24/2019 12:17:57 PM
From: POKERSAM  Read Replies (2) | Respond to of 1783
 
No, it is just delayed till we finish this Cycle wave V. The market is always right. We must remain flexible so that we can conform to it. By the proper use of Elliott Wave one can understand what the market is doing. One trick ponies never get the down moves or the up moves. This depends on what kind of perma they are.
They insist that the market can only go in one direction.
The fact is the market goes up 60% of the time and down 40% of the time. It moves 5 waves up and three waves down. In this way it is ultimately propelled higher.
IMO the best way to play it is to be bearish in the higher degree corrections and bullish in the higher degree advances. Always ride the money wave no matter which way it is going.

Mar 22, 2019 · The Treasury yield curve inverted for the first time since the last crisis Friday, triggering the first reliable market signal of an impending recession and rate-cutting cycle. Most say that 12 to 18 months later we have a recession. Although at one time it was like 3 years later. If it shows up as it is due it will be about the same time this cycle wave V is complete. So things will unfold as they should.
As I said "the market is always right, we just try to keep up".