SP "FADED" from the top 3 or 5 waves down?
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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