Quantum_Maryland_Capital
Short

$SPX: Interim High Likely in Place

SP:SPX   S&P 500 Index
115 2 3
Wave 5 frequently equals .618 x Wave 1............618 x 64 = 40. 1952 plus 40 = 1992. Plus, RSI rolled over.
Can you put a number behind "frequently"? Is there a formula for probability based on five points?
Reply
@tradeBob1, The 5 waves is simply an impulsive move (up) as described in EW theory. Sorry, no probabilities; you really don't know until after the fact when its clear a correction is underway. That is why I am careful to use words such a likely as opposed to saying short 21xx
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out