Looks like a flat to me.
Stopped at the 50% exactly.
If this is correct, the next big target is 9.79.
I've been short with a stop of 11.87. But 11.89 looks good to me, for now.
A break of 11.89 would mean reevaluation.
Stopped at the 50% exactly.
If this is correct, the next big target is 9.79.
I've been short with a stop of 11.87. But 11.89 looks good to me, for now.
A break of 11.89 would mean reevaluation.
Comment:
Ok, well, reevaluating already....
Comment:
If F does this, I like the shape better anyway.
If it fails to break 11.89 OR stops at 12.03, I still like the flat.
But I'll cut this loose if it goes above the 618 at 12.06.
If it fails to break 11.89 OR stops at 12.03, I still like the flat.
But I'll cut this loose if it goes above the 618 at 12.06.
Trade closed manually:
Markets are too bullish to wait on this right now.
I'll watch and wait.
I'll watch and wait.
Comment:
Comment:
This is possible. Markets are pumping at F stopped right at the ABCDE target.
There are more bullish possibilities as well.
There are more bullish possibilities as well.
Comment:
Comment:
Comment:
The ABCDE correction is still valid, but markets look pretty strong.
11.99 needs to hold or this count is out.
______________________
That last chart assumes this is a leading diagonal, and that it is corrective.
It doesn't have to stop at the ABC target though. If not, I would look for the higher targets, up to 13.56.
This could become more impulsive, and then I'd look for a larger bull move to the upside.
11.99 needs to hold or this count is out.
______________________
That last chart assumes this is a leading diagonal, and that it is corrective.
It doesn't have to stop at the ABC target though. If not, I would look for the higher targets, up to 13.56.
This could become more impulsive, and then I'd look for a larger bull move to the upside.