We now can begin to see the patterns forming larger patterns' This can help us with projections of those elusive pivot points. Here we see how the smaller patterns can begin to build larger patterns for us. Even project possibilities into the future!
I'm showing that crab pattern to only be at around a 1.42XA extension right now for SPX, or is this just a hypothetical at the moment? FWIW I do have the smaller butterfly currently at about a 1.41.
whiteknightmoving
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@chinawildman, I think we'll see the crab finish at the 1.618 zone Monday 4/8/2019.... but it's likely just the top of a wave 3. I'll try to make a new chart for everyone
chinawildman
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@whiteknightmoving, I agree, I have a feeling wave 3 for SPY will top out on Friday around 290.5 w/ a pullback to the current rising wedge support... then probably try for the ATH.