The 5 th wave fall on 3rd Nov'22 had not moved down the index significantly. hence we must recall the wave count that ,the correction (5 wave downfall ) is completed in the form of a neutral triangle abcde. Provided the low of 3rd Nov'22 (3698) respected(should not break). If this is so, until 11th Nov, all 5 waves of Expanding triangle A,B,C,D,E has been completed, and a new recovery wave ABC (3 waves)will start. This may begin with a santa claus rally from 14th Nov'22
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BUY ONLY AFTER FRIDAY UNTIL WATCH
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Trade active
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Trade active
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Trade active
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Trade active
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Trade active
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target time mentioned as 18th may extend to 23rd Nov
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Trade closed manually
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long target reached 4040 , look for short from next week
So, according to your last updates in the 1-day timeframe, are you long and short in SPX at the same time?
selvamB
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@torresed, kidding ?,just long ,trading is not a guessing game, depending upon price action, you have to go either long or short. unlike investment in stocks, trading people benefits from both sides, that's greatness of 'TRADING'(VIEW)