Looks like at least one more volatile day. This week has not completed gone as planned but it has been close. I still think we have to finish out Minor wave B and this is possible in the early afternoon.
Now while this is possible, finishing up at the level my program has projected might be a stretch. I now have 3 possible target zones for B's finish. The most accurate zone says we could gain 70 points at the height of trading tomorrow. This is based off of us currently trading in Minuette wave 3 of Minute wave C in Minor wave B.
Time to watch the roller coaster play out. If this is accurate, I do expect the final Minor wave (C) to take us below 3310. If you like options, some 1-3 week out puts could be interesting.
Happy hunting!
Now while this is possible, finishing up at the level my program has projected might be a stretch. I now have 3 possible target zones for B's finish. The most accurate zone says we could gain 70 points at the height of trading tomorrow. This is based off of us currently trading in Minuette wave 3 of Minute wave C in Minor wave B.
Time to watch the roller coaster play out. If this is accurate, I do expect the final Minor wave (C) to take us below 3310. If you like options, some 1-3 week out puts could be interesting.
Happy hunting!
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
