ESSCRS

ESSCRS

Looks to me like an expand flat going, it measures perfectly and A and B are both three wave moves, keep your stops tight. Im long too from 415 area took some profit just under 480, target 480-486 if this is a Wave 4.

ESSCRS Updated 

Triangle almost complete, the E wave should come down to 447.50-448.50, First price target algos will be taking profit at 476, could go higher depending on volume.

ESSCRS

This Wave count seems to be complete, the Wave 3 has an extension, and the Wave 5 is just a few ticks more than 100% of Wave 1. Seems to qualify for me at the moment we will see where things go from here. Im long at $414 with a small position waiting for confirmation. Let me know what you think in the comments.

ESSCRS

I'm seeing two scenarios shaping up, we have either put in a leading diagonal Wave1 and we are retracing a wave 2 now,or the B wave of a possible ABC correction just completed with an ending diagonal. We are coming up to a critical level, the 50 and 61.8% retracement of the previous wave. We will know in the next week or two which direction this market is going....

ESSCRS Updated 

If we just put in a wave 1, the ABC retracement should end here at the 78.6, we have correlation with the 100% extension of the A to C at the 78.6, if this count is valid we should see an impulse move higher. if it fails, we have more downside room to $380

ESSCRS

Need another high volume push to get through this trend line to push to higher highs, hit my buy box so Im long from the 420s, looking for a move back up to 480-500

ESSCRS

LTC is hitting lower trend line, looks like we have more to bleed, we should see a little retracement here from W3 to 4, W5 target 75.10 of first wave of 5 of C, which the final target could reach as low as 44.10 if not lower YIKEs, let me know what you think comment below

ESSCRS

If LTC breaks 75 the next Fib target for wave 5 is in 50s then 40s YIKES,will we get there or will the trend line hold,comment below

ESSCRS

W5 target getting hit will we go even deeper

ESSCRS

pretty obvious one here

ESSCRS

LTC has broken all supports and made a new low for the year but are we done, if this is a double zig zag playing out and we are looking for the end of wave C, we can project the length of the A wave from the end of the B wave, the 100% projection puts us at $85.01, and if we break down wave C into a 5 wave structure, we can measure from the start of wave C to the...