dereckcoatney

Timing is Key, Patience Required

TVC:SPX   S&P 500 Index
Watching the price action here, rally doesn't feel quite done. When we turn, it will be unmistakable. We're not "impulsing" down; feels like we are only "correcting" down. Here is a possible scenario.

Spare me that "he's a bull" baloney.

Am trying to the get the timing right. :)

Comments

That’s what you get for being a bull! ;)

Damn even I picked today to start equivocating haha, what a news bomb
+2 Reply
Yes, today was intense speculative fever and big price movements a la late 1999. People HAVE to buy stawks!!! My God, I can just feel millions of people on their phones crowding the casino! It's a most frantic pastime since millions don't have jobs! Chase, chase, chase!
+2 Reply
THIS IS PERFECT.
Fully Supported by my EW COUNT I started on Sept. 23
Check out more corroborating counts for this idea in the EURUSD , DXY, USDJPY, and SILVER/ GOLD

+1 Reply
Great idea
+1 Reply
Thanks for sharing mate!
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i see rising wedge on nq and spy if you look from sept 14
everything is up to stimulus negotiations now
no stimulus - market disappointed
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Rising wedge
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