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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (22511)1/19/2025 1:00:22 PM
From: Berk1 Recommendation

Recommended By
CrashDavis

  Read Replies (1) | Respond to of 26807
 
Thanks for the example and explanation of your model. But this post also explains a lot of what you are doing which helps.
"If you've noticed when a wave two or wave four turns complex I've had to relabel a pullback along the way."
Once a corrective wave starts to become more complex, do you avoid trading the underlying until a thrust of higher degree develops? As an example BABA which still could be in a correction of the recent down move if my interpretation of EW is correct (although admittedly my EW knowledge is very rusty) . Would you consider entering now or wait? Another good example is AEM which is looks done correcting but could easily evolve to become more complex.