MountainKing

MountainKing

I think we're on an Island. I anticipate we fill the upper gap, and then gap down from there or shortly after. I'm going to start positioning at the gap levels far out and leg in upon trend confirmation. Best of luck.

MountainKing Updated 

Elliott Wave Count: Flat Correction (3-3-5) - Waves A and B of the Flat have completed. - Wave C is an Ending Diagonal (*A very small percentage of diagonals appear in the C-wave position* | sequence 3-3-3-3-3) Current Predictions 1) Targeted "Top" of Wave C of Ending Diagonal Wave 4 of the Flat Correction near the .618 Fib @ $242.84 2) Beginning of descending...

MountainKing Updated 

Using Elliott Wave Theory, I'm expecting a sharp move down in the coming days. Rationale: The current correction is a Flat Correction (3-3-5 wave sequence). Waves A and B of the Flat Correction completed as expected, Wave C is different as it is an Ending Diagonal Pattern . Ending Diagonal Patterns have different wave structures than Impulse Waves. Ending...