.. my 2 cents ..
.. only God knows at this point where wave 2 will bounce .. the whole thing got mixed up with the 3rd the shortest in cash and futures looking like a 5th is almost closing wave (1) .. as DANERIC'S blog said everybody is waiting someone to buy the "shit" and the thing keeps goin' down ignoring important trend lines and supports .. wait for the 5 wave down and 3 wave up method is showing it's weakness .. the trader who is waiting have already lost some good down side move ..
.. this is a different wave .. P3 or whatever .. the Ponzi wave if you prefer .. will have no mercy and probably will test our skills again as P2 did .. our concepts of divergences and extremes of oscillators will have to be revised ..
.. have a nice weekend ..
Sou o JorgeM do Elliott Market Waves e apenas te quero felicitar pelo teu blog e desejar um bom fim de semana.
ReplyDeleteQuem me dera estar neste fim de semana numa praia tropical. . . aqui em Portugal, até no verão as aguas são um gelo! ha-ha-ha!
Um abraço.
Fala Jorge,
ReplyDelete.. tudo bem ??!! .. satisfacao ouvir de voce .. eh gelado, mas o surf eh de qualidade .. ainda nao fui a Portugal infelizmente, mas conheco o litoral pelas pesquisas que faco .. vou sempre ao seu blog ver teus insights e aprecio muito sua presenca aqui ..
..saudacoes Elliottianas ..
abraxx