minorplanet2

PRO
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Last visit Joined 3 years ago
Markets Allocation
60 % stocks 20 % indices 20 % other
Top Mentioned Symbols
SPY 40% | 2 XAUUSD 20% | 1 AMZN 20% | 1 NYA 20% | 1
minorplanet2 minorplanet2 PRO SPY, 30, Short , 2 years ago
SPY: Downward bias in SPY
85 0 0
SPY, 30 Short
Downward bias in SPY
It looks like wave iii of 3 has completed. Today, we saw a countertrend wave "a" to $195. It's a bull trap. Wave "a" appears to be a zigzag. We may see a downward move to the yellow box and then another countertrend move back to around $195.50. If this plays out, wave v of 3 may target somewhere around $188.50. If ...
minorplanet2 minorplanet2 PRO SPY, 15, Short , 2 years ago
SPY: Flat developing for SPY. Strong wave 3 down expected next
51 0 0
SPY, 15 Short
Flat developing for SPY. Strong wave 3 down expected next
Based on Elliott wave principles, it appears a corrective flat is currently developing. A countertrend to $198.50 to $199.50 could be expected. After completion of the corrective flat, Elliot wave principles would tell us to expect the downward trend to resume.
minorplanet2 minorplanet2 PRO AMZN, 30, Long , 3 years ago
AMZN: Amazon 30 min parabola
75 0 0
AMZN, 30 Long
Amazon 30 min parabola
Nice parabola forming on 30 min chart.
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