This is on the hourly timeframe, but I'm still feeling pretty bullish on the S&P. Uncertainty is starting to build, but I see that coming after this five wave cycle. Still some room to move upwards, watch that 3400 level.
Fear not those who bought BA calls 2 months ago with a 300 strike price, there's still some upwards momentum! For those who missed the first big run, you may have a chance to still get in on some winning. We're at the bottom of the final push in this 5th wave extension, near perfect technical indicators.
In the middle of a long term wave 3 for WMT, went in shares on September dip, will trim positions as we approach 1.618 level, will buy 4 wave dip as close to the bottom as possible
We made it out of September. Did some more reading on Elliot Wave, I now understand it a bit better. Still learning, still growing. For now, the DOW looks incredible though. Don't feed the bears!
Testing the extent of my fibbonacci understanding, we'll see what happens with ford. If i don't like how the position looks in relation to the cross, I'll stop considering it until I see a wave 4-5 later
$V has been on a solid uptrend, hitting all the technical levels. Stochastics look great at the time of analysis, looking to win big, in shares, might go in options for a wave 4-5.
