Markets can stay irrational longer than you can stay solvent.
This a BOOM π₯ and BUST ποΈ market we are entering! Many traders will not survive in this market unless you can adjust to market conditions.
$SPY $AAPL $TSLA $IWM $QQQ
If youβre wondering why $JD is down overnight, go do analysis every other night this week.
This is exactly what this stock does in low liquidity overnight trading. Its almost like clockwork.
$SPY 4 Hour Chart
Price failed to break above and hold $436.50 leaving us in wave (2). As far as wave (2) we are slipping lower than i would like but still remains valid for a wave (3) takeoff.
$SPY 4 Hour Chart Update
Price needs to clear and hold $436.50 to confirm wave (3) takeoff. Failure to close above can keep us chopping around in wave (2) range.
$SPY 4 Hour Chart Update
Price needs to clear and hold $436.50 to confirm wave (3) takeoff. Failure to close above can keep us chopping around in wave (2) range.
$SPY 4 Hour Chart Update:
We saw a minor pullback as mentioned from what was believed to be all of wave (1).
Wave (2) pullback could have completed yesterday at $431 or can take another dip to $429 before wave (3) takeoff π #Elliottwave
$SPY 4 Hour Chart Update:
We saw a minor pullback as mentioned from what was believed to be all of wave (1).
Wave (2) pullback could have completed yesterday at $431 or can take another dip to $429 before wave (3) takeoff π #Elliottwave