there was a possibility of a wave-e "over-shoot".... please read the main idea. thanks
bokeb
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@user100000, indeed. "But must not exceed C" ... In this case that would mean must not go below $6427. So this wave count is now truly nearing its make or break point - below $6400 and it is invalid, a good sign to short - but if we find support here for a while, then this count is added even more credibility than before this drop happened, I think- and time to go long.
So far, support found at 6600, but on low volume- not at all convinced yet, more bearish than bullish for the immediate term. Hopefully we find support on volume around $6400 that holds for some days!
damdamm
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I like User100000 optimism and clear driving to the target. User Mongol needs your warm words :) Update when 25000 that's my man ! No shit in pants but clearness in mind like yoga guy.
damdamm
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@damdamm, to be honest today situation changed a little bit I mean line is broken User so maybe update before 25 000 would be reasonable :) Cheers !
user100000
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@damdamm, it is normal for wave-e to over-shoot the A-C line. it's sort of a mini shakeout before the move higher
UnknownUnicorn788630
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@user100000, When does these shakeouts stop... Do you have a target in mind? Or is a drop to 3k also just a mini shakeout...
UnknownUnicorn788630
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SIR Y U KEEP BEING WRONG, SIR, PLS! DO SOMETHING SIR!
lostfatsos
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@MonocoleDundee, and tell me what he can do? Do your own study and stop whining...
damdamm
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@MonocoleDundee, Mongol fasten your seatbelt and stop crying after rain there is a sunshine but it can be raining like in London :D