ES should rally on Monday
Updated
This is a 4 hour Pivot Point chart, showing how, once again.. price travels inside the PP range and never lasts a day outside it. The chart prooves this. Try and find a day price went lower or higher outside the range for a longer timeframe.
EWT tells us the market moves in 5 impuslsive waves and 2 coprrective waves. Since Tuesday, we rallied up 5 waves and down on an A wave, EWT predicts a B wave UP and a C wave down, but my backtesting over 5 year period shows us Mondays go UP about 85% of the time, and Fridays go down the same amount. recently there have been exceptions, but last 3-4 days down, we are oversold, and on Monday last week chart patterns can be ignored ( as far as a continuation of the ABC down...
we are still in a Mega Bull Market, predicted by Elliot when the DOW was at 100. I heard we had 147 new all time highs, why not one on Monday?
EWT tells us the market moves in 5 impuslsive waves and 2 coprrective waves. Since Tuesday, we rallied up 5 waves and down on an A wave, EWT predicts a B wave UP and a C wave down, but my backtesting over 5 year period shows us Mondays go UP about 85% of the time, and Fridays go down the same amount. recently there have been exceptions, but last 3-4 days down, we are oversold, and on Monday last week chart patterns can be ignored ( as far as a continuation of the ABC down...
we are still in a Mega Bull Market, predicted by Elliot when the DOW was at 100. I heard we had 147 new all time highs, why not one on Monday?
Trade active
tradingview.com/chart/7sI7eOSQ/
Damn i must be the luckiest guy in th world, my predi tions come true 85% of the time ;p
Trade closed: target reached
tradingview.com/chart/7sI7eOSQ/. BITX also in rally mode with TSLLNote
the one month change doesn't account for the $3 living expenses i took out of THIS account
Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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