this is my third alt, but I dont like it as much as ALT 1. I do favor the first alt bull count even though this is still possible
This is the bear top is in count. For this we are in the second leg of an impulse to 4400 area. I dont see this as likely, especially with that strong close, but it is possible
I have been counting ES lately because it is more fluid - but it represents the same thing spy and spx will do. For my bull count I see us in the final impulse up for wave 5 - PT 4750. From there I expect a flush for wave 2 - but I expect a shallow flush and then a ripper going into year end / Jan.
wow... this one clearly points towards us being in wave 2. Kudos to saffer for also showing me how clean the count on the Q's was. Although we could be in a deep 4, wave 2 is now favored I Decided to throw this public as well. Rest in the cord
I will make the ultra bear count public as well. Rest private but if you want access message me. This count we already know what it is - we have seen it daily
Other alts will be private. Alt 1 is that we still ahve 1 more high
Called out TGT trade idea - here is what I am seeing in detail. Bottom should be close if not already in and then I think we see an impulse move back to the 250 zone. This will be my one public trade for the day. I will put up an ES alt but the others will go as private but are in the index update channel
This is my favored ES count. After looking at the structure more I think we will get a little higher before flushing down for the 2 - but we are splitting hairs at this point and have to be cautious up here. I like the low 4600's as dip buy spot
I decided to make this one public as well. (rest in cord) We should see a wave 2 dip buy soon for this ALT. Be mindful that the bear count has us approaching wave B and big flush coming
This will be one my public chart for the day. Rest will be on the cord and accessible by anyone by request. This zig zag is much cleaner then what we are seeing on ES or NQ. I dont like it because it is VERY possible that this is what we are following - and if so we could see a 6-10% drop on dow.... BE CAREFUL - the bull alt was posted private
This is the only one going public today. My other alts are accessible via link on private and I can send it to anyone via request or its saved in the index update channel on the cord. I favor us to flush down to retest 450 possibly go into the 440's before we bottom. If we get that I will be loading the boat down there. ALT 1 was full bear - TOP is in ALT 2 -...
This will likely be my last public post today, rest private. Message me for link. A few weeks ago I talked about this as "screaming short to long flip". Did exactly that and its already paying out. Shorted the false breakout above the TL on 11/23 - cashed out on black Friday flush. Ultimately it went lower- but look where it bottomed - the 161.8 extension and...
This will be one of my public charts for the day. The rest of my charts will be private but posted to where everyone has access to them for free. Tradingview only allows 10 public per day - others I have to send link for people to access. When CRWD lost the TL and the 200 day - that sealed it for me - top likely in for this cycle. But lets take a look at the...
Here is the bear count for ES / SPY. Looks like we are in the rally zone already - but we could still see one more new long before we go up to retest the downtrend line. From there we will flush again to find bottom for a primary W. and then we do it all over again. Notice the indicators - they are making it very easy for us to just swing trade spy / spx /...
12-4-21 So looks like we are setting up for a bounce into next week. Question remains that - is this just a relief rally and top is in??? Or is this a wave 2 bottom and are we going to see a face ripping santa rally?!?!?! Notice where we are bouncing - my favorite dip buy spot. The demand zone - pivot AVWAP - 100 extension - 50% retracement area..... We...
Guys - update to my wave count. I went back to my original wxy count. Now you can see why I called out short the futures in the discord (rejection at downtrend line and was a 3 wave move). I expect us to follow what is drawn - buy the dip with time is still the right side in my opinion. Top is not in, but bears still in charge
My other count get invalidated today. Tried to catch a run up for what I thought was an abc move and that we were in A still - jokes on me because with the end of day flush it appears we were rallying for a 2 and never going to cross the prior (what looks like wave 1 now) peak. This is my least favorite count vs qqq or spy and it is and has been the hardest to...
To me this now appears like it could be a 3-3-5 correction with the final leg being a 5 wave impulse. Given that I favor SPY / ES as close to finished I think it is likely that QQQ is also almost finished. I think that the Q's could actually be a wave 4 and that it will be shallow (sub 50% retracement). If I am wrong about 3-3-5 then we could see 3 up and...