Chart is done...worked.. Price has moved on Thanks for the thumbs up!!!
Corrective waves is a-b-c and not 5 waves.
I was looking for a 3 wave retrace down for a b-leg retrace, but looks more and more like a 5 wave structure.
Time will tell. Remember this instrument is a derivative of the SP500.
Therefore expect some differences.
Fear not... believe what you see and trade it.
BLawrenceM
youtube.com/watch?v=zk3r-K8TQ5g
open.spotify.com/track/62oUgHSx7RPfgVWv1AYOpY
Corrective waves is a-b-c and not 5 waves.
I was looking for a 3 wave retrace down for a b-leg retrace, but looks more and more like a 5 wave structure.
Time will tell. Remember this instrument is a derivative of the SP500.
Therefore expect some differences.
Fear not... believe what you see and trade it.
BLawrenceM
youtube.com/watch?v=zk3r-K8TQ5g
open.spotify.com/track/62oUgHSx7RPfgVWv1AYOpY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.