Yet another moon chart from you, hopefully this one plays out better than the other ones.
user100000
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that's what i expect when the market completes wave 2 according to my count. it may not be a diagonal or a truncated wave 5 but was my best guess at the time. we are near the bottom. if you are familiar with elliott wave principal you would know that wave 3 are often 162% of wave 1 and also 262%-300% of wave 1 if extended... that is reason for rocket ship
MoonTrader
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I like, but I'm not sure a rocket ship is appropriate for about a $30 move.
MoonTrader
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Unless, of course, you think it's going higher, in which case I concur.