Coming into the Target ZoneAs you can see on the chart, we are coming into my target box. I believe it has another push for at least OMH. Judging by the push we have had upwards I do not believe we will have a very deep wave ((2)) so be cautious. The S&P 500 seems set to raise higher being driven in part by META, AAPL, MSFT, TSLA, and many others not named. The majority seem to need at least OMH.... but none of them require it.
If my count is correct, then we can expect a retrace for wave ((2)) to be anywhere from $170 - HKEX:130 depending on what path META decides to take. As I have said though, at this point and time, I am leaning towards a smaller retrace. Trade carefully my friends, now may not be the wisest time to go long. Have patience and await the retrace for a clearer set-up and higher profit margin.
Bonam Fortunam,
--Tyler