acis

acis

Id like to point your attention to the waves I've drawn out over the past few days and each time I was correct about the short term bounces. This is only a trade to be done in and out. I really doubt STR goes above 4680 for awhile. As I write this though I longed at 4430 and we just broke 4500.

acis Updated 

I like using wave theory to locate when and what a direction a momentum change may indicate. I posted yesterday about a longer 1-5 pattern entering into a new downward cycle which seems to have completed over night. I believe the longer pattern in blue indicates that wave five should bring us back to around 5200 before some type of reckoning happens.

acis

Ive been watching stellar all day and expect it to retrace down through fib 38.2