Dow- Mageddon Day 8
Left hand count: The triangle idea to my surprise is having some merit, so I will follow it closely and if we do get a contraction of price it will be a really nice break out trade to the upside. Shortly followed by a sell off. So well keep an eye on the development.
Right hand count: So wave C in flat type corrections are usually quite strong, so the slow movement here and choppy looks throws me off a little bit. Still on the table and possible, but i would rather wait for a good trade to the upside because I tend to not like going against the trend.
Any elliott wave questions pls drop down below and ill get to you asap.
Right hand count: So wave C in flat type corrections are usually quite strong, so the slow movement here and choppy looks throws me off a little bit. Still on the table and possible, but i would rather wait for a good trade to the upside because I tend to not like going against the trend.
Any elliott wave questions pls drop down below and ill get to you asap.
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