wolffarchitecture

wolffarchitecture

Consider the chart, If helps with your trading plan, send me a like. No recommendation

wolffarchitecture

Cyan-dashed trend-line held. IMO, this low did not go far enough for a 3-3-5 Flat. Therefore IMO we are either in a large triangle (magenta-dashed) , or wave-2 correction of a impulse down (yellow-dashed). The yellow-dashed (double top) is slightly more preferred. No recommendations , except in this chop, don't over leverage.

wolffarchitecture

Chart Basics are all looking good, Will wait for price conformation. I am hedging slightly because overall market is seeing some downward pressure this week.

wolffarchitecture Updated 

Sometimes a series of HIGHS or LOW have virtually the same PRICE, … So what can a TRADER do ??? First a little back ground, In real simplified terms; The prices printed on the Russel Index (or any Index or stock) represents the Russel’s “intrinsic value” multiplied by the “relative value” of the dollar. Therefor the background price action of the dollar...

wolffarchitecture

IMO, The next pullback will not make a new LOW, its is a buying opportunity. What do you Think ? TRADE your PLAN, but if you do buy be sure to place a stop at the previous correction bottom.

wolffarchitecture

Classic 3-3-5 Correction (Running, Flat or Expanded), NOT calling the top YET, but appears to be getting close (maybe 3-7 trading days out)

wolffarchitecture

Trade Your Plan

wolffarchitecture Updated 

Today, The BEARS had their opportunity but failed to take charge. As a result we believe Wave-3 is continuing, and we currently in the 5th-wave of Wave-3 expecting a minor local pull back (but not a new low) corresponding to APPL's exhaustion drop after earnings. After this Wave-3 completes, expect a series of wave-4/wave-5 chop moving forward into next...

wolffarchitecture

Tagged Long for the upcoming impulse Trade your Plan

wolffarchitecture

New Local Low before continuing impulse higher Trade Your Plan

wolffarchitecture

New Local Low before continuing upward impulse. Trade Your Plan

wolffarchitecture

Tagged long For the upward impulse move which will occur after correction is complete. Trade your Plan

wolffarchitecture

Tagged SHORT for the correction which we believe has one more C-WAVE swing lower. But afterwards will continue to rise into a WVE-5 for the next 5-8 weeks. Count INVALIDATED if PRICE falls lower than 14080. TRADE YOUR PLAN

wolffarchitecture

This count is a possibility. Trade your Plan

wolffarchitecture Updated 

TRADE YOUR PLAN Tagged LONG but anticipate price to make a new LOCAL LOW before moving higher.

wolffarchitecture

TRADE YOUR PLAN

wolffarchitecture

TRADE YOUR PLAN

wolffarchitecture Updated 

OK looks like we are going to the TOP of the channel before turning lower. Tagged short for the upcoming correction (which has been taking its time). Trade your Plan.