Forget Elliot Wave Theory for a minute, think only pivot points.

I call buying S5 and selling R5 as the ultimate buy and sell zones. It sounds
too easy. n Lets examine4 trades, easily spotted.

1. BUY May 22 2024, below S5-S6

2. SELL July 11 2024 R5

3. BUY August 05 2024 S5

4. Sell August 22, R3.5

5 BUY S5 , August 28

6. September 03-04 2024..
SELL R5?

to be continued.. inside this Idea look for total points gained, and EWT wave counts
Note
PROFITS:

POINTS up from the first buy S5. 426-503 77 QQQ points

POINTS down from #2 sell at R5 503-425 77 points

POINTS up from S5, 425 to August 22 R4 485. 65 points

POINTS down, R5 485 to August 28 465 S5 20 points. ( bottom of wave 4 down )

POINTS UP from August 28 to September theoretical R5. 22 points

261 QQQ points
Note
gyazo.com/fda4ed905c89fde0dfc12909f4e06729. disallowed losses, represents money moved out of the account.
Note
gyazo.com/fda4ed905c89fde0dfc12909f4e06729. ERASE THE DOT, PERIOD, AT THE END... GYZAO WON'T WORK WITH THE PERIOD.
Note
hand drawn EWT wave count matched to EWT SW, we are climbing wave 5 up today as stated, someone said he thought we'd go up this week, i can see this taking longer than i first thought, I was thinking about the past when we had giant daily movements.
snapshot
Note
If you doubt EWT take note of the two numbers, and watch how close we get to both the top of wave 5 and probably R5 in pivots.

side bets? kidding

Beyond Technical AnalysisHarmonic PatternsTrend Analysis

Please check out Kauai Dave Pivot Traders on youtube. youtube.com/channel/UCNpY7S_s1cxw0cer4PyEEMQ
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