For all those traders who think this can go below $11395 this is why not! According to Elliott Wave Rules wave (4) on my chart cannot go violate wave (1). Of course you may disagree with my count and as I am a novice you may have more experience in counting them and prove me wrong but I think not?
Constructive criticism is allowed but doesn't say anywhere about sarcasm, indirects and trying to put others down. Just show some love, be a better person as its good for your health and relationships. No need to let emotions get in the way, we should learn to control it. Happy trading lads!!!!!!!!!!! @Spillegal@zippy1day
zippy1day
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@tpishz, Thanks for your input but I think I can handle it myself!
tpishz
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@zippy1day, You're welcome and I'm glad you can now. Whatever the mind conceives and believes, the body achieves. So if you think you can, you're doubting yourself. I need you to believe you can handle it.
Spillegal
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I'm not a noob. You invited comments, and so I commented. But I understand I have stepped on your ego, apologizes, I will never comment again.
zippy1day
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@Spillegal, I have no ego just posting what I believe in but apology accepted and feel free to comment as long as it does not instruct me on how I should be charting or behaving!
Spillegal
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If EW could dictate the direction of the price action, everyone would trade EW and because everyone would trade the direction of the ew dictate, there would be no market as everyone would trade the same direction. When the market went up, there would only be buyers and when the market wend down there would only be sellers, so your are dreaming mr. novice.
Price action is based on supply and demand, i.e. who is selling and who is buying. When demand exceeds supply, the price increase. When demand equal supply, the price goes sideways. When supply exceeds demand, the price goes down. While EW is a theory loved by many, it's still a theory and price action does not care about EW or any other indicators for that matters.
zippy1day
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@Spillegal, Oh thanks for those few kind words have you always been a noob!!!