mo_trader37
Apple Stock Elliott waves analysis 4 hour frame
hello guys, i was thinking about this setup it's can be wave (4) as a simple zigzag ends in March 19 2020 around $36.99 and now we are in (1)(2)(3) then (4) and (5) . or the whole-thing is FLAT correction and we are in (B) which it's usually subdivide into ABC correction and now we are in the C Wave. i'm more with the first scenario that we'll finish wave...
i have mentioned the bearish move that we had near 13$ Now we have Opportunity to long the GE for
it's really hard to predict what the POTUS will open the country today or not, or what is really going to happen, also it's hard to short the market with feds repo taking the market up, it's my first time i see the higher unemployment rate in the history yet the market going up :)
the feds try so hard to keep the market in the current level, i'm not sure how long this levels can stand, to many bad news. the government pour money and liquidity to safe the economy and i believe we'll test the lows again. let's see
This is one of the scenarios that i believe will happen end of this year.
SPY Possible Move - short . timing is very important to success
regardless the Positive news, i want to stay bearish for now, we'll see tomorrow what's going to happen.