Sorry, we have to clearly use the same data 5/1 as the pivot point.
Symmetric before (3/24-5/1) and after (5/1-6/10) time split by 5/1.
And the Perfect 5 waves done.
The Correction may stop at the 4th wave end, which is 8,800.
It comes so fast. It may finish in 1 or 2 days.
The 2nd session ends at the scale of 0.618 of the first scale.
It's really magic of Fibonacci.
We have to respect the magic market power behind.
And the pivot point of 6/11 is the midpoint between 10,100 and 8,800.
Again...respect...
Symmetric before (3/24-5/1) and after (5/1-6/10) time split by 5/1.
And the Perfect 5 waves done.
The Correction may stop at the 4th wave end, which is 8,800.
It comes so fast. It may finish in 1 or 2 days.
The 2nd session ends at the scale of 0.618 of the first scale.
It's really magic of Fibonacci.
We have to respect the magic market power behind.
And the pivot point of 6/11 is the midpoint between 10,100 and 8,800.
Again...respect...
Trade closed: stop reached:
The market is always the best teacher. When the overnight future price dives, that gives us a hint about the market, but not the final direction when open. Let's compare the two logics of the Nasdaq version and let's see what happen. However, I'm still impressed by the 5/1 pivot point. If fractal geometry works so well, that 10,400 version will work very well. Thanks for watching.