Detailed Look at Lower Time Frames to Point Out Possibilites

Some were wondering about my opinion of an Elliot Wave 5 to $4,200 to $4,500 price range. I'm simply pointing out what I'm seeing currently in the indicators as to the what would have to occur in the indicators for that to occur. I'm not saying it will not occur. I'm ONLY pointing out what would have to occur within the indicators for that Wave 5 to come to pass.

Comment:

The price action in the 2 hour time frame has come up AS ANTICIPATED. Remember how we saw the energy coming up? The question was HOW MUCH WILL IT COME UP. So, we must also pay attention to the ENERGY in the 4h and 6h time frames to see if they continue going up rather high and the price action acts in kind.

That is what I mean by being PREPARED to get out and stay out soon. I pointed out NOT to get out immediately and LISTEN TO ALL the publication before getting out because the lower time frames could indicate we still have more upward pressure. And we do; as pointed out previously. So, KEEP AN EYE on the 1h, 2h and 4h time frames: