Spot on with the low being point A(so far). Great work
AlphaCondor
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Thanks! :)
itssean310
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I know absolutely nothing on elliot wave(i believe this is elliot wave).Do you still think we will hit point B? and are you on twitter?
AlphaCondor
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Hi Sean. It is Elliott Wave. No need to go too deep studying it other than learning about 5 wave impulses and 3 wave ABC corrections, they happen ALL the time. I'm not on twitter but yes stocktwits under the same handle :)
AlphaCondor
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We've gone higher than my point B forecasted in this chart but I have more recent charts of where I think we're standing right now.
KevinT
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Bearish Hamari?
AlphaCondor
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A classic one, also a .5 retrace of the move down. Tops can be very choppy business and past few years its been hard to get any downside before May
KevinT
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I would like to agree, but with the US market on steroïds it's a tough call.