Nice work but I think you jumped the gun on the 4th wave count. I like to wait until I think the bottom of the 4th is sitting on previous hard support. Look at that huge day yesterday which tells me the bottom feeders think they found it. I don't like to bottom fish and be wrong. I would rather wait for a backtest of broken resistance which looks like what we will be doing today.
chitowntrader23
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Nice charting - looks like this is playing out thus far. I was surprised to see 115-118 support tests hold the way they did. I also see a major sell off coming next week after they report. The fact that they forward guided a week ago, makes me believe this wont be a good ER call, especially for forward guidance.
Kintave
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That’s what I am thinking aswell once the wave completely ends! And overall market too should drop hard.