I believe we will get a 1.38 extension on a wave 5 before the next correction at the 1.38 extension might go to 1.5 fib extensions there are fib numbers beyond that but the odds go down explained by Mr Elliot he predicted a Bull Market Supercycle and was right. .
Note
I'm not short but I am ready to short if we correct
Note
We will correct it is simply math and odds, most of the time the .38 and .5 + 6.2 are the most common extensions.
Note
Before a sizable correction, again to the .62 or 5.0 or .38 of the size of the whole wave.
Note
This being a Bull Makret they will take it a high as they want to, and a few will profit on the way down.
Note
take a look at SPXS, it is so cheap and oncce I made $3000 in a 25K port..
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.